The BCIM Economic Corridor was a proposed multimodal transport network linking Bangladesh, China, India and Myanmar by road, rail, water and air. The idea grew out of the Kunming Initiative, first discussed in 1999, and the four countries formally endorsed the corridor on December 18, 2013, after which China proposed folding it into its Belt and Road Initiative in 2015. It aimed to create a platform for the four countries to promote economic growth and trade, reduce transaction costs and improve market access across a region of about 440 million people, but the initiative was effectively abandoned by 2019, absent from a published list of 35 active Belt and Road corridors, largely because of deteriorating relations between China and India and the Indian boycott of the Belt and Road Initiative.
Facts
Partially Attested
Founding DateSource gives 18 December 2013 as the formal endorsement of the corridor by the four nations, not an establishment date; the corridor was only proposed and the Kunming Initiative it grew from dates to 1999 Classification
Institution SubtypeEconomic Forum or Coordinating Body 1 Chronology
Dissolved Year Sources
1. Wikipedia: BCIM Economic Corridor
History, Initial steps, paragraph 2
On 18 December 2013, the four nations drew up a long-discussed plan
Introduction, institution-subtype-p2
In May 2019, the BCIM was not mentioned in a list of 35 corridors and projects in a joint communique issued by state leaders attending the 2nd Belt and Road Forum, indicating the BCIM had been dropped from the BRI.
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