|Myanmar-India trade route Kalemyo to Tamu town, a border town, on November 28, 2014. Photo: Hong Sar/Mizzima|
Trade between India, the world’s second-most populous country, and the Association of Southeast Asian Nations is targeted to double by 2022 from an estimate of US$100 billion [K100,000 billion] this year, as an economic partnership pact is expected to be signed later this year, reports the Jakarta Globe on March 12.
|Indian Minister for Commerce and Industry Ms Nirmala Sitharaman (R) at the signing ceremony of minutes of the 5th India-Myanmar JTC meeting with U Win Myint, Minister of Commerce in Nay Pyi Taw on February 17, 2015. Photo: CIM [email protected]/Twitter|
The Union of Myanmar Federation of Chambers of Commerce and Industry says it expects the volume of bilateral trade between Myanmar and India will reach US$10 billion [K10,000 billion] by 2020, reports Xinhua on February 19.
|Workers load bags of rubber sheets and cotton onto a Chinese ship in the Thai port of Chiang Saen on the Mekong river, March 29, 2008, in the Golden Triangle region of northern Thailand, where the Mekong river meets at the borders of Laos, Thailand and Myanmar. Photo: Barbara Walton/EPA|
The leaders of Japan and five Southeast Asian countries along the Mekong River plan to craft a new strategy in July for Tokyo to contribute to sustainable development of the Mekong region beyond 2015, according to the Bangkok Post on February 19.
|Trucks loaded with goods stop on the Indian-Myanmar border road in the border town of Tamu, Myanmar on November 29, 2014. Photo: Hong Sar/Mizzima|
Myanmar and India’s commerce ministers reiterated their mutual desire to improve trade between their two countries at a meeting in Nay Pyi Taw, according to the Business Standard on February 17.
|Hopes are high for border trade between India's northeast and Myanmar. Moreh border town, India, November 29, 2014. Photo: Hong Sar/Mizzima|
A visiting Indian minister who dropped in to India’s northeastern Manipur State said the central government is keen to develop several trade and plantation projects in the region as part of the state’s Special Economic Zone, according to the Nagaland Post on February 11.
|Lao-Myanmar Friendship bridge under construction on November 12, 2014. Photo: Ken Vichitvongsa/Panoramio|
Myanmar and Laos have set May as the date for the opening of the first bridge over the Mekong River that links the two countries, according to the Bangkok Post February 4.