China signs raft of agreements with Myanmar to accelerate infrastructure projects

Description: 

"Chinese President Xi Jinping ended a two-day state visit to Myanmar on Saturday after attending the signing of a raft of agreements buttressing bilateral relations and advancing Beijing’s ambitious Belt and Road Initiative, in which his host country is a key player. The two sides exchanged memoranda of understanding, letters and protocols covering 33 projects in the fields of information, industry, agriculture, security and the resettlement of internally displaced people in Myanmar’s war-torn Kachin State, which borders China. The agreements were signed after a morning meeting between Xi and Myanmar’s leader, State Counselor Aung San Suu Kyi. READ MORE: To call China’s Belt and Road Initiative a ‘debt trap’ is prejudiced, says ex-ambassador to U.S. The most significant pact appeared to be a concession and shareholder’s agreement for the Kyaukphyu Special Economic Zone on the Bay of Bengal. With a deep-water port, it is the terminus of the 1,700-kilometre- (1,055-mile-) long China-Myanmar Economic Corridor, a major link in Beijing’s Belt and Road Initiative whose other end is in China’s Yunnan province..."

Source/publisher: 

"Associated Press" (USA) via "Global News" (Toronto)

Date of Publication: 

2020-01-18

Date of entry: 

2020-01-22

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good