lørdag 18. januar 2020

Chinese Leader Xi’s Visit to Myanmar to Produce New Belt And Road Agreements

Chinese President Xi Jinping is expected to sign several memorandums of understanding for the implementation of planned multibillion-dollar projects under his signature Belt and Road Initiative in Myanmar during his two-day state visit to the Southeast Asian country to boost bilateral relations, China’s state media reported Friday.

Xi will meet with Myanmar President Win Myint, State Counselor Aung San Suu Kyi, military chief Senior General Min Aung Hlaing, and leaders from various political parties during his visit which ends Saturday. Win Myint said Xi's visit — the first by a Chinese leader in nearly two decades — marked a “new era” of bilateral relations and will help promote the countries' future ties.

Though Myanmar government officials have not yet announced the number of MoUs to be signed, reports by the Chinese media say the parties will ink agreements on five BRI projects, including the Kyaukphyu deep-sea port, a high-speed rail line connecting Kyaukphyu to southwest China’s Yunnan province, and the New Yangon city development project.