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Myanmar-China sign 33 deals under the Belt and Road Initiative

Myanmar-China sign 33 deals under the Belt and Road Initiative

Myanmar and China have signed 33 new deals under China’s Belt and Road Initiative to implement the China-Myanmar Economic Corridor.

Key points

  • The agreement also aims to implement the deep seaport project called Kyaukphyu Special Economic Zone.
  • The agreements aim to strengthen the collaboration in the infrastructure sector that includes roads, rail connectivity and power interconnection projects.
  • The project allows China to have ease of access to the Indian Ocean.

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