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BCIM-Economic Corridor - The Road Ahead (Hardcover)
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BCIM-Economic Corridor - The Road Ahead (Hardcover)
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The BCIM (Bangladesh, China, India, Myanmar) Forum (earlier known
as the Kunming Initiative) was founded as a Track-II Dialogue in
1999 with the objective of widening and deepening regional and
sub-regional cooperation. Over the years, member countries of the
forum have strived to work together on issues such as trade tourism
and connectivity as well as cooperation in social, cultural and
academic fields to enhance interactions at all levels. While
physical connectivity for the BCIM-EC is important, it is equally
important to consider various soft connectivity inputs into the
project considering that the member countries together constitute a
market of 2.8 billion people and a GDP of more than US$ 9 trillion.
Swift economic transitions in Myanmar have given a fillip to India
and China's attempts to promote growth and development in their
respective border provinces. These developments inter-alia have led
to mushrooming of sub-regional cooperation that involves trade
facilitation measures in its broadest meaning to include transit
and motor vehicles agreements, customs procedures, special
arrangements for border trade, etc. The BCIM-EC project would need
to assess the potential benefits to India, particularly to the
North East Region. The infrastructural needs of this sub-region as
well as the prospects for enhanced trade and investments, revival
of traditional industries and other welfare gains would require
careful analyses. This book attempts to analyse such issues in
addition to assessing the opportunities that BCIM-EC offers, and
challenges that it faced with.
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