The BCIM Economic Corridor
The BCIM Economic Corridor
A Leap into the Unknown?
In May 2013, crowning the efforts of the Track II Bangladesh–China–India–Myanmar (BCIM) Cooperation Forum, Prime Minister Manmohan Singh and Chinese Premier Li Keqiang announced the intention to appoint a Joint Study Group to consider the feasibility of establishing a BCIM Economic Corridor connecting Kolkata and Kunming through Bangladesh, India’s North East, and northern Myanmar. The initiative has been widely welcomed as a means of carrying forward India’s ‘Act East Policy’ and stimulating development in the land-locked North East region. Acknowledging that the ‘corridor’ approach to sub-regional economic integration is as yet relatively untried in the South Asian context, this article seeks to draw on comparative experience to adduce some of the conceptual and practical challenges inherent in the BCIM Economic Corridor project as it presently stands, urging the development of a comprehensive master plan to effectively coordinate national development priorities with the wider objective of sub-regional economic integration.
Keywords: BCIM Economic Corridor, Kunming Initiative, Sub-regional Cooperation, North East India, Asian Development Bank
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