Consider the following statements 1 Bangladesh and Myanmar are burgeoning markets in BCIM grouping 2...........

International Affairs Other Regional Groupings

Consider the following statements

1. Bangladesh and Myanmar are burgeoning markets in BCIM grouping.

2. BCIM is a sub-regional organisation of Asian nations aimed at greater integration of trade and investment between the four countries.

3. Direct investment by the China and India is high in Bangladesh and Myanmar.

4. Trade between China and South Asian countries has grown robustly in recent years.

Select the correct statement/s using given codes

1, 2 and 4

1, 2 and 3

2, 3 and 4

1, 2, 3 and 4

Third statement is incorrect i.e. Direct investment by the China and India is high in Bangladesh and Myanmar

The BCIM economic corridor aims to connect Kolkata with Kunming, capital of the Yunnan province.
It envisages formation of a thriving economic belt, focusing on cross-border transport, energy and telecommunication networks.
Starting from Kunming, the route passes through nodal points, such as Spread: Mandalay and Lashio in Myanmar. It heads towards Kolkata after passing through Manipur and Silchar, before crossing Bangladesh via Sylhet and Dhaka, with branches extending to the ports of Cox Bazar and Chittagong.