Oil pipeline in Myanmar mutually beneficial: China

Beijing, April 20 (IANS) China has said that an oil pipeline project in Myanmar will serve the mutual interest of both the countries.

The Chinese foreign ministry Friday also said the oil pipeline project in Myanmar could boost the local economy in that country, Xinhua reported.

“The oil pipeline project has undergone scientific study and strict examination and conforms with local regulations and laws,” spokeswoman Hua Chunying said at a daily press briefing.

She said it when asked about a Chinese-invested oil pipeline to be built in Myanmar.

The spokeswoman also said China and Myanmar had carried out trade and economic cooperation on the basis of equality and mutual benefit.

“We believe such mutually beneficial cooperation works for the local economy. We hope the project can go on smoothly.”

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