China to fund Myanmar projects in agreement with junta | Inquirer ºÚÁÏÉç

ºÚÁÏÉç

China to fund Myanmar projects in agreement with junta

/ 03:03 PM August 11, 2021

General view of a flooded area following heavy monsoon rains at Cox's Bazar, Bangladesh July 27, 2021 in this picture taken July 27, 2021. Arakan Times/via REUTERS

General view of a flooded area following heavy monsoon rains at Cox’s Bazar, Bangladesh July 27, 2021 in this picture taken July 27, 2021. Arakan Times/via REUTERS

China will transfer over $6 million to Myanmar’s government to fund 21 development projects, Myanmar’s foreign ministry said, in a sign of cooperation resuming under the junta that overthrew an elected government on Feb. 1.

Unlike Western countries that have condemned the junta for cutting short democracy and the killing and imprisonment of its opponents, China has taken a softer line and said its priorities are stability and not interfering in its neighbor.

Article continues after this advertisement

A foreign ministry statement said the funds were to be transferred from China for projects within the Mekong-Lancang Cooperation framework. It said those included animal vaccines, culture, agriculture, science, tourism and disaster prevention.

FEATURED STORIES

An agreement was signed on Monday with China’s ambassador to Myanmar, the statement said. The Chinese embassy’s Facebook page confirmed the signing.

Opponents of Myanmar’s junta have accused China of supporting the military takeover, in which elected leader Aung San Suu Kyi was ousted and detained. Beijing has rejected such accusations and said it backs regional diplomacy on the crisis.

Article continues after this advertisement

Western countries have continued to provide some emergency aid to Myanmar, including $50 million announced by Washington on Tuesday to support relief groups in Myanmar dealing with the fallout from a surge in COVID-19 infections.

China’s influence had grown in Myanmar in recent years, with the opening of oil and gas pipelines that cross the country and plans for economic zones and a major port development.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the and acknowledge that I have read the .

MOST READ
sports
business
usa
entertainment
entertainment
www
business
www
business
globalnation
TAGS: China, Myanmar Junta

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the and acknowledge that I have read the .

© Copyright 1997-2024 ºÚÁÏÉç | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies.