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Proposal for China Myanmar Economic Corridor – Economics – Free PDF Download

Proposal for China Myanmar Economic Corridor – Economics – Free PDF Download_4.1
 

 CURRENT AFFAIRS

  • China’s President Xi Jinping is on a visit to Myanmar to mark the 70th anniversary of the  establishment of diplomatic relations  between China and Myanmar.

RELEVANCE

  • GS Paper 2
  • International Relations

DETAILS OF THE VISIT

  • President’s visit will focus on the three pillars of the China Myanmar Economic Corridor  (CMEC)— the Kyaukpyu Special Economic  Zone, the China-Myanmar Border Economic  Cooperation Zone and the New Yangon City.

CMEC

  • CMEC is a branch of the Belt and Road Initiative (BRI) in the Indian Ocean.
  • The CMEC to the Bay of Bengal is the replica of the China-Pakistan Economic Corridor  (CPEC) that connects Beijing’s western  province of Xinjiang to Karachi and Gwadar  on the Arabian Sea.

HISTORY

  • The East India Company and the British Raj were eager to develop connectivity into  Yunnan through Burma to promote trade  between India and western China.
  • In the late 19th century, the Indian Railways surveyed the route for a railway line from the  Arakan coast (Myanmar) to Yunnan (China),  but could not implement it.
  • China will be implementing it now.

HIGHLIGHTS OF VISIT

  • Connectivity and Infrastructure.

Proposal for China Myanmar Economic Corridor – Economics – Free PDF Download_5.1

  • Greater connectivity between China’s southwestern province of Yunnan and the  eastern Indian Ocean.
  • The major infrastructure projects like the development of a Special Economic Zone  (SEZ) and a deep-sea port at Kyaukpyu.
  • The construction of a railway line from the China border to Mandalay in central  Myanmar will be discussed.
  • The railway will connect Kyaukpyu on the western seaboard of Myanmar and Yangon in  the south where the Irrawaddy River flows  into the Bay of Bengal.
  • Revive the hydel dam at Myitsone and the copper mining project that had to be  suspended a decade ago

ECONOMIC RELATION

  • It will reinforce China’s status as the most important economic partner of Myanmar,  and rejuvenate the historic special  relationship between the two countries.

DIPLOMACY

  • China has played the role of mediator between Myanmar and Bangladesh in the issue of
  • China is making the case that some of its BRI projects can help alleviate the Rohingya conflict by accelerating the development of the Arakan
  • By developing ports such as the Gwadar and Kyaukpyu, China aims to lower its strategic  dependence on the Malacca straits.

 MALACCA STRAITS

  • The vital trade link between the Indian and the Pacific oceans.
  • It is the Indo-Pacific Command of the U.S.

HISTORICAL RELATIONS

  • CMEC enforces the centuries old idea of Southern Silk Road by China.

IMPACT ON INDIA

  • This project signify larger maritime presence and naval engagement of China    in the
  • It also reinforces the string of pearls policy by

STRING OF PEARLS

  • The String of pearls is a geopolitical theory referring to the network of Chinese military  and commercial facilities extended from the  Chinese mainland to Port Sudan in the Horn  of Africa.
  • But this theory is denied by China and it views its actions as their efforts to strengthen a new  maritime Silk Road.

CHINA-NEPAL ECONOMIC CORRIDOR (CNEC)

  • Like CMEC and CPEC, China is also developing the China-Nepal Economic  Corridor (CNEC) which will link Tibet to
  • The endpoints of the project will touch the boundaries of the Gangetic plain.
  • Thus three corridors signify the economic as well as strategic rise of China in the Indian

STEPS TO BE TAKEN BY INDIA

  • Focus on making a more effective contribution to Myanmar’s development and
  • Focus on quickly completing its own infrastructure projects in Myanmar.
  • Strengthen its collaboration with like-minded partners like Japan which has a growing  economic presence in Myanmar.
  • India’s Act East Policy and Japan’s Free and Open Indo-Pacific Strategy can be combined.

 
 

 

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Proposal for China Myanmar Economic Corridor – Economics – Free PDF Download_4.1

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