China and Myanmar ink 33 deals to accelerate BRI

China and Myanmar signed 33 deals aimed at speeding up key infrastructure projects to provide Beijing a stepping stone to the Indian Ocean after a meeting between President Xi Jinping and State Counsellor Aung San Suu Kyi, as the Communist nation ramped up support to cement its hold over the Southeast Asian country under fire for its treatment of Rohingya Muslims.

Daily Current Affairs Quiz 2020

The main focus of the agreements signed after the talks between the two leaders appeared to be on the implementation of the China Myanmar Economic Corridor (CMEC) which is akin to the $60 billion-dollar China-Pakistan Economic Corridor (CPEC) under which China looks to access Pakistan’s Gwadar port in the Arabian sea.