''Myanmar's State Counselor Aung San Suu Kyi was appointed the chairperson of a panel to oversee Belt and Road initiative (BRI) projects on December 7. The steering committee with Vice President U Myint Swe, ministers, and regional chief ministers as members aims to implement the joint establishment of the China-Myanmar Economic Corridor (CMEC) under BRI. The committee not only signals the importance Myanmar attaches to BRI, but also demonstrates that the CMEC is an important part of the comprehensive strategic cooperation between China and Myanmar. Such cooperation includes better control over the northern Myanmar situation and maintenance of peace and stability on the border between Myanmar and China through which the CMEC will pass. Construction of the corridor will help regional stability and could also be a key to breaking the logjam in the peace process...''