India, Myanmar sign MoU towards Sittwe Port operationalisation

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy.

Following this MoU the process of identifying bidders to maintain these facilities will be initiated by floating an RFP. Subsequent to the commencement of operations at this port, it would offer new infrastructure for trade including between India and Myanmar, thereby contributing to job creation and development in the whole region, particularly in the Rakhine and Chin States of Myanmar.

The MoU was signed on behalf of the Government of India by Vijay Gokhale, Foreign Secretary and by U Win Khant, Permanent Secretary, Ministry of Transport and Communications on behalf of the Government of Myanmar.

The ceremony was witnessed by U Thant Sin Maung, Union Minister, Ministry of Transport and Communications, and Vikram Misri, Ambassador of India to Myanmar and other officials.

Foreign Secretary earlier also called on the Commander in Chief of the Myanmar Defence Services, Senior General Min Aung Hlaing as well as State Counsellor Daw Aung San Suu Kyi. All matters.

All matters relating to border security, bilateral cooperation, Myanmar’s peace process as well as the situation in Northern Rakhine State were discussed during the meeting.

Source: The Economic Times

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