Please enable JavaScript.

Coggle requires JavaScript to display documents.

India-China-Bangladesh-Vietnam - Coggle Diagram

- - - - looking to better
      - align development strategies
        
        with Bangladesh
      - set up cooperation
        
        under the framework of BRI
        
        push forward the CHI-BAN strategic
        
        cooperative partnership to next level
    - - accelerate regional
      - integration in eastern subcontinent
- - - - Major bone of contention
        
        btw IND-CHI
        
        one portion of the corridor passes
        
        through PAK-occupied kashmir
    - - Instead of merely
      - praying for revival of SAARC
      - Delhi focus on
        
        promoting regionalism
        
        among BAN,BHU,IND,NEP
    - - drawing attention from
      - CHI,JAP,SK,SIN,US
      - largest recipients of china
      - large export of apparels
        
        to US and EU
      - India
        
        accepts all Bangladesh products duty-free
        
        except alcohol and tobacco
    - - accelerate the development
      - its eastern and north-eastern states
      - need to support
        
        large firms for quick turnover
        
        Small firms
        
        begin as suppliers to large firms
        
        and eventually grow
        
        Large firms better
        
        positioned to invest
        
        in brand building
        
        meeting
        
        quality requirements
      - set up sectoral industrial zones
        
        with pre-approved factory spaces
      - Vietnam Model
        
        not good for India
        
        offer no protection
        
        to farmers or
        
        local producers from imports
        
        Single party state
        
        can ignore domestic voices
      - follow OTP
        
        sign balanced FTAs
        
        restrict
        
        unfair imports
        
        healthy mix
        
        domestic champions
        
        and MNCs
      - focus
        
        on organic economic growth
        
        through innovation
        
        and competitiveness
    - - Vietnam´s success
        
        Open Trade Policy (OTP)
        
        pursues through FTA
        
        less inexpensive workforce
        
        generous incentives
        
        to foreign firms
        
        India
        
        do not charge import duties
        
        on products made in Vietnam
        
        Vietnam´s domestic market
        
        open to partner´s products
        
        Foreign Firms
        
        take part in electricity, real estate
        
        hospital, defence and railways projects
  - - - zero-tariff treatment to 97%
      - BAN exports (duty-free products)
    - - SL handover its Hambantota port
      - to Chinese firm in 2017 for lease
      - Malaysia
        
        deferred several projects
        
        under BRI
    - - rose from $83.5 billion in 2010
      - to $279 billion in 2019
      - Export to GDP ratio (EGR)
        
        Vietnam´s EGR
        
        high dependence on exports brings dollars
        
        but
        
        makes country more vulnerable
        
        to economic uncertainty
- - - - promoting innovation
      - and lowering cost of doing business
      - India poised to attract
        
        best investment and
        
        integrate further
        
        with global economy