Myanmar: Back On Track With BRI? – OpEd

Description: 

"At the second Belt and Road forum in April last year, Xi Jinping stated that the infrastructure projects under the Belt and Road Initiative (BRI) would be financially and environmentally sustainable and deliver high quality infrastructure. The re-calibration of the initiative sought to dam the surge of criticism that had been miring the Chinese flagship foreign policy initiative the past two years. Myanmar was among the countries that had become wary over the infamous debt trap narrative, unflattering reports of poor standards in infrastructure and opaque and wasteful procurement practices disproportionately favoring Chinese companies. Back on track? Nonetheless, on 18 January 2020, BRI projects in Myanmar appeared to be back on track as Xi Jinping, on his first visit to Myanmar, and Aung San Suu Kyi announced their countries renewed commitment to cooperate. Myanmar’s eagerness for re-engagement with China, however, is driven largely by its international isolation due to the reported atrocities against Rohingyas. But has China also heeded to the criticism about BRI? It would appear that China’s new tune on BRI is not only a response to criticism but also about increased competition to its connectivity project. Competition Japan remains the largest infrastructure developer in Asia and in September 2019 announced a partnership to develop connectivity in Asia with the European Union (EU). This committed the partners to pursuing projects in a transparent and sustainable manner – a clear contrast to the BRI. Likewise, the EU’s connectivity strategy for Asia from September 2018 and it’s follow up a year later placed full emphasis on sustainability, good governance and transparency. The United States, South Korea, and a number of other OECD countries have also started infrastructure initiatives that seek similarly to differentiate from the BRI..."

Creator/author: 

Antti Tulonen

Source/publisher: 

"Eurasia Review"

Date of Publication: 

2020-02-16

Date of entry: 

2020-02-17

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good