Will the Minister of EXTERNAL AFFAIRS be pleased to state:
(a) the present status of economic corridor between Bangladesh-China-India-Myanmar;
(b) whether the said corridor is likely to benefit the economic activities of the countries involved and if so, the details thereof; and
(c) the measures likely to be taken by the Union Government to address the defence concerns related to the said corridor?
THE MINISTER OF STATE IN THE MINISTRY OF EXTERNAL AFFAIRS
[GEN. (DR) V. K. SINGH (RETD)]
(a) & (b) Bangladesh, China, India and Myanmar have agreed to establish a Joint Study Group on strengthening connectivity in the BCIM region for closer economic, trade and people-to-people linkages through the development of a BCIM Economic Corridor (BCIM EC). There have been 2 rounds of JSG meetings in 2013 and 2014 so far. At the second meeting in Cox’s Bazaar, Bangladesh on 17-18 December, 2014, it was decided that the third meeting would be hosted by India.
(c) Government keeps a constant watch on all development having a bearing on India’s security and takes all necessary measures to safeguard it.