Yuxi city [China], June 13 (ANI): Bangladesh, China, India and Myanmar (BCIM) on Thursday called for upholding multilateralism and free trade."The parties called for upholding multilateralism and free trade and further strengthening regional economic and trade exchanges, promoting investment cooperation and cross border logistics. The parties agreed to support enterprises especially SMEs of four countries to utilise e-commerce and other new models for developing cross border trade," according to the statement.The joint statement also mentioned that the parties emphasised that efforts should be made to improve the overall competitiveness of the regional economy by building a more efficient and transparent business environment and by creating a more favourable condition to attract foreign direct investment.The parties asserted that comprehensive connectivity in rail, roads, waterways, aviation, energy and the digital sector will greatly enhance competitiveness. "It is necessary to ...
