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Indian Government clears pulses import from Myanmar as prices jump

Atop panel chaired by Union finance minister Arun Jaitley on Wednesday cleared imports of pulses from Myanmar and some African countries as a sudden shortage pushed the retail prices of pulses as high as Rs.170 per kg. Both retail and wholesale price inflation accelerated in May on the back of rising food prices. While the retail inflation […]

India offers to aid Myanmar in boosting agriculture, healthcare

India on Thursday offered to assist Myanmar in the area of public healthcare and provide support in boosting agricultural production. The offer was made by Commerce Minister Nirmala Sitharaman at the India Myanmar Business Conclave held at Myanmarese capital Yangon, according to an Indian commerce ministry statement in New Delhi. “India can cooperate in boosting […]

Indian government to promote private investment in Myanmar

NEW DELHI: Hoping to give more teeth to its Act East Policy, the Modi government has decided to expand India’s economic links with Cambodia, Laos, Myanmar and Vietnam (CLMV) by promoting private sector investments in these countries through a project development company. his announcement was made by Finance Minister Arun Jaitley while presenting the annual […]

India’s Myanmar Policy

Indian foreign policy has changed markedly since the 1990s, driven by realism and its own economic and strategic interests. One important change has been the increased attention New Delhi has been paying to Southeast Asia over the past two decades. The government of P. V. Narasimha Rao, which initiated India’s “Look East Policy,” also recognized […]

India, Myanmar to remove bottlenecks to boost trade

NEW DELHI: India and Myanmar today agreed to enhance trade and investment between the countries by removing bottlenecks such as lack of good connectivity and banking arrangements. The issues came up for discussion during the 5th India-Myanmar Joint Trade Committee (JTC) meeting, which was held in Nay Pyi Taw today. The meeting was co-Chaired by […]