Energy tops list of deals with Myanmar
Updated: 2014-11-15 04:13
By ZHAO YINAN in Nay Pyi Taw and ZHANG YUNBI in Beijing(China Daily)
|
||||||||
China and Myanmar pushed cooperation forward on Friday, introducing an energy liaison committee and signing more than a dozen deals relating to energy, finance, infrastructure and agriculture.
The strides were made as China has pressed ahead with its ambitious initiatives to fuel Asian growth by focusing on free trade and connectivity.
After some frustrations involving Chinese investment in the country's infrastructure over the past few years, Myanmar's government is seeking to reassure Beijing that it is welcome, and Beijing has responded positively, observers said.
After Premier Li Keqiang's meeting with Myanmar President Thein Seinin Nay Pyi Taw, the two countries signed a deal on Friday to build power plants fueled by natural gas, one of a number of agreements worth $7.8 billion that touched on agriculture, telecommunications and finance.
They also agreed to establish an electricity cooperation committee as a working-level liaison channel for the energy sector, to keep projects on track. Some of China's major projects, such as the Myitstone Dam in northern Myanmar, had been suspended.
Li told Thein Sein the two sides should use intergovernmental and interparty liaison mechanisms more effectively and "strengthen strategic communication and boost politicalmutual trust".
Zhai Jun, a professor of Southeast Asia studies at Peking University's School of International Studies, said the two governments have fundamentally eased previous misunderstandings, and "have tweaked, adapted and updated policies toward each other".
Under the deals signed on Friday, China will offer $300 million in smallscale loans to the agriculture sector and set up an agriculture cooperation committee.
It will also set up three hospitals in Yangon, Nay Pyi Taw and Mandalay to boost local livelihoods.
Jiang Ruiping, vicepresident of China Foreign Affairs University, said the major bilateral projects provide needed funding and technology for Myanmar.
Only 30 percent of the population of Myanmar has access to a stable power supply, opening a large potential market to overseas investors for power infrastructure construction.
Leading Chinese enterprises have invested heavily in the energy sector. A 2,520km gas pipeline connecting Kyaukpyu in south Myanmar and China's Yunnan province is now in full operation. An oil pipeline taking a similar route is also close to completion.
The interaction between Beijing and Nay Pyi Taw is improving, as both have shown strong support for initiatives led by the other, such as Myanmar's endorsement of the Asian Infrastructure Investment Bank, Zhai said.
Contact the writer at zhaoyinan@ chinadaily.com.cn
Chen Mengwei in Beijing contributed to this story.
- Li Keqiang meets Malaysian prime minister
- Premier Li Keqiang visits Germany, Russia, Italy
- Li Keqiang calls for global cooperation against Ebola
- Premier Li Keqiang meets with Foreign Delegates of “China Development Forum 2013”
- Remarks by H.E. Li Keqiang Premier of the State Council of the People's Republic of China At the First Plenary Session of the Tenth ASEM Summit
- Premier Li Keqiang promotes innovation in Moscow speech
- Li Keqiang meets Vladimir Putin in Moscow
- Premier Li Keqiang's global tour to promote Chinese railways
- Pessimism about China-Myanmar ties unfounded
- UAVs displayed at Zhuhai air show
- Small e-commerce business owners dream big
- Most expensive Western arts Chinese splashed on
- China launches new remote sensing satellite
- Baby steps for nation in its golf infancy
- Across Americas over the week (Nov 7- Nov 13)
- Xi's wife takes Mexican first lady to PLA Academy of Arts
- World's tallest man meets world's shortest man
Most Viewed
Editor's Picks
China pushes for code at South China Sea |
Forbes sees Xi as world's third most powerful person |
Special: APEC China 2014 |
Reporting on the route to Tibet |
Young students seek a different class of education |
Foundations of financial folly |
Today's Top News
'Thousands stand to benefit' from visa accord
Xi starts busy schedule with G20
China army medics join Ebola battle
Chinese tourists look west
US spying scheme targets Americans' cellphones
Energy tops deals with Myanmar
The Waldorf's hefty price tag
China, US to build milk-powder plant in Kansas
US Weekly
Geared to go |
The place to be |