View: Why India needs to closely monitor the situation in Myanmar

Description: 

""Paukphaw”, which literally means born together, implying not only a shared destiny but racial kinship, was reinforced through strong political and economic bonds between Myanmar and China last week. Xi Jinping became the first Chinese leader to visit Nay Pyi Taw on a hugely significant state visit ( January 17-18) since Jiang Zemin back in 2001. The event received not more than a modicum of interest here, but it could have a serious geopolitical impact on India. If India is concerned about the China-Pakistan Economic Corridor, it now has more reason to worry about CMEC (China-Myanmar Economic Corridor) that just moved from being a concept to reality. The CMEC is less about oil and gas — there are pipelines running through Myanmar already — and more about reducing dependence on the Malacca Straits and access to the Bay of Bengal and Indian Ocean. The CMEC includes the Kyaukphyu deep-sea port in the troubled Rakhine state along with a special economic zone (SEZ), the China-Myanmar border economic zone (the two countries share a 2,200 km-long border) and the newly announced Yangon urban development project (which is still at MoU stage)..."

Creator/author: 

Indrani Bagchi

Source/publisher: 

"The Economic Times" (India)

Date of Publication: 

2020-01-26

Date of entry: 

2020-02-02

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China, India

Language: 

English

Resource Type: 

text

Text quality: 

    • Good