Presentation on regional connectivity of asia
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The document discusses regional connectivity opportunities for international business through the BCIM (Bangladesh-China-India-Myanmar) corridor, emphasizing the potential economic benefits, enhanced trade facilitation, and infrastructure development among the four countries. It outlines the proposed corridor's scope, historical context, and potential financial gains for Bangladesh, while also addressing limitations such as geopolitical conflicts and issues in Myanmar. The initiative aims to connect major markets and improve access to resources, fostering economic growth and collaboration in the region.
Presentation on regional connectivity of asia
- 2. • • Regional Connectivity • & Opportunity for • International • Business • • • Reg
- 3. A.N.M. FORRUKH IFTEKHAR (3-10-18-052) RUBAETH ISLAM (3-13-26-084) MILTON KUMAR (3-13-25-076) ENAMUL HAQUE RAKIB (3-13-26-049) Presenters With Due Regards to Professor DR. ALTAF JALIL Department of Management (EMBA) University of Dhaka
- 4. Introductory Remarks Regional Connectivity & Opportunity BCIM & THE VISION Projects & Benefits Limitations & Conclusion Presentation Outline
- 6. CONNECTIVITY
- 9. Bangladesh is located between two economic Giants- China and India
- 14. • Incensement of trade &business and economic development.
- 15. Background of Connectivity • 1999 in Kunming(China) • Yunnan Academy of Social Sciences, Ministry of Trade, CPD, CPR. • Prof. Rehman Sobhan
- 16. Initiatives • Bangladeshi PM visit to China in 2010 • Indian PM visit in China in 2012 • Chinese PM visit in India in 2013 • first inter-governmental study meeting in Kunming on 18-19 December 2013.
- 18. BCIM ROUTE • Kolkata - Jessore - Dhaka - Sylhet -Silchar - Imphal - Ka Lay - Mandalay - Ruili - Tengchong - Erhai Lake - Dali - Kunming
- 21. BCIM and Proposed Corridor • The proposed corridor will cover 1.65 million square kilometers of land connectivity. • Around 440 million people in China’s Yunnan Province, Bangladesh, Myanmar and Bihar in Northern India.
- 22. • Greater market access for goods • Services and energy • Elimination of non-tariff barriers • Better trade facilitation • Investment in infrastructure development • Joint exploration and development of mineral, water, and other natural resources • Development of value and supply chains based on comparative advantages by translating comparative advantages into competitive advantages, and through closer people to people contact.
- 23. • Trade among BCIM countries will be increased by US$ 5.7 billion, US$ 4.1 billion and US$ 2.7 billion under full, moderate and partial tariff liberalization • Through linking the ASEAN Free Trade Area, ASEAN-China Free Trade Area and the ASEAN-India Free Trade Area, the corridor would constitute as one of the largest free trade areas. Full liberalization Moderate liberalization Partial liberalization 100% linear tariff cut from existing level 75% linear tariff cut from existing level 50% linear tariff cut from existing level
- 25. Benefits for Bangladesh • The distance between Kunming and Chittagong is less than 1,000km whereas the distance from Kunming to its nearest seaport Guangzhou is 1,700km • Major gateway for the land-locked regions of both India and China • Greater access in China and India(eastern and north-eastern states)
- 26. Benefits for Bangladesh • Access to Southeast Asia • Improvement of transportation infrastructure • Creation of industrial zones • Bangladesh will gain US$ 700 million, US$ 500 million and US$ 400 million
- 28. Limitation of BCIM • India – China conflict • Bangladesh - surrounded by India • No democracy in Myanmar