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Why Myanmar matters so much for India

President Ram Nath Kovind will be on a four-day state visit to Myanmar starting on December 10. This will be the fifth high-level visit between the two countries in the last four years. Prime Minister Narendra Modi’s visit last year was the third by an Indian prime minister in five years and his second in […]

China port pact in focus as President visits Myanmar

President Ram Nath Kovind’s first visit to Myanmar starting on Monday will be an occasion to build upon the strong bilateral relationship with India’s biggest link with the Asean region. However, with Myanmar signing the Kyaukpyu port project with China in November, officials in India are concerned that this port could become a greater security […]

Beijing Urges Gov’t to Get Ball Rolling on China-Myanmar Economic Corridor

The vice chairman of China’s top economic planning agency has pushed Myanmar’s State Counselor to work out an implementation plan for the China-Myanmar Economic Corridor, a part of Beijing’s Belt and Road Initiative (BRI). China National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe held talks with State Counselor Daw Aung San Suu Kyi […]

China clinches multi-billion-dollar strategic port deal with Myanmar

China has clinched a multi-billion-dollar deal to build a port + at a strategic town along the coast of the Bay of Bengal in Myanmar, its third project in India’s neighbourhood after Sri Lanka and Pakistan. China and Myanmar signed an agreement on Thursday to build the deep sea port project in Kyaukpyu town after […]

Why India looks the other way on Myanmar

While the West moves to re-isolate Myanmar after a short period of re-engagement, neighboring India is taking a more realpolitik approach to reports of massive rights abuses by the nation’s security forces. Indeed, India is doing its utmost to improve relations while the United States and European Union impose new sanctions aimed specifically at Myanmar’s […]

New Chair of Kyaukphyu SEZ Wary of Chinese Loans

YANGON — Myanmar will endeavor to take on no loans from China to complete the Kyaukphyu Special Economic Zone (SEZ) but would offer the developer no sovereign guarantees to mitigate risk if it does, said the project’s new chairman, seeking to allay fears of a debt trap. Sean Turnell, an economic adviser to State Counselor […]

An overview of the $9bn China-backed proposal for Myanmar’s Kyaukpyu port

In 2015, China’s state-owned investment giant CITIC Group won a tender to build a massive port at Kyaukpyu, a town in the west of Myanmar. The $9bn agreement was struck on the basis of CITIC assuming a 70% share, with the Myanmar government and local operators receiving the remaining 30%. Three years on, however, and […]

Myanmar risks falling into a China debt trap

To understand China’s top priority in Myanmar, forget Beijing’s involvement in the country’s sputtering peace process, or efforts to restart its backed but now suspended US$3.9 billion Myitsone hydroelectric dam, or even securing rights to extract copper at the locally resisted Letpadaung mine outside of Mandalay. Those are all subordinate interests to what China really […]

China firms up ties with Myanmar

China’s emergence as a global player and its generous foreign aid to Southeast Asian countries often leads to claims that its true actions are disguised and really a means to expand its power and influence throughout the region. However, Myanmar has adeptly managed its relations with the Asian powerhouse over the years and, contrary to […]

Myanmar Vows to Improve Company Registry, Cut Red Tape

Myanmar plans to launch an electronic company-registry system this year and boost its efforts to reduce red tape for businesses after it amended its Companies Act last month to attract foreign investment. “Within six to seven months, Myanmar will establish an electronic company-registry system similar to what we have seen in Hong Kong,” Robert San […]