Myanmar and India to increase Border Trade

Posted by Daily Shipping Times on 22-06-2017        Tweet

NEW DELHI : Myanmar has planned to promote trade with India by increasing items of tradable goods.

U Aung Htoo, Deputy Minister for Commerce, told a parliament session in Nay Pyi Taw recently that Myanmar had held high level consultations with India on border trade.

For the purpose of promoting trade between the two countries, a series of joint committee meetings related to bilateral trade, border trade and border- market were held.

High-ranking officials from both sides had extensive discussions on opening a trade zone in Htantalan in Myanmar's Western Chin State and a new trade zone in Pan Khwar, Mizoram State in India.

Moreover, bilateral banking services, cooperation in agriculture, fishery, medicine, and textile sectors had also been discussed.

The sixth Myanmar-India joint trade committee will meet in New Delhi, India this month.