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Japan envoy says development is solution for Rakhine

Japan’s top envoy to Myanmar said that economic development is an answer to Rakhine’s conflict and that Tokyo is considering providing aid for the state. “If there is economic development, I believe that there will be no conflict,” Japanese Ambassador Ichiro Maruyama said ahead of a Japan-backed investment fair in Ngapali. The first Rakhine Investment […]

China port pact in focus as President visits Myanmar

President Ram Nath Kovind’s first visit to Myanmar starting on Monday will be an occasion to build upon the strong bilateral relationship with India’s biggest link with the Asean region. However, with Myanmar signing the Kyaukpyu port project with China in November, officials in India are concerned that this port could become a greater security […]

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 […]

New Sittwe port proposed to facilitate Myanmar-Bangladesh trade

To facilitate trade in Rakhine State, U Tin Aung Oo, chair of Rakhine State Federation of Chamber of Commerce and Industries, last week proposed the construction of a new port in Sittwe during a meeting with the vice president. He said the port, which should be able to handle vessels of up to 20,000 tonnes, […]

Myanmar needs to consider ‘beyond Yangon’ to meet rice export target

Myanmar needs to consider beyond Yangon port to export over 3 million tons of rice yearly from 2018 to 2020, according to a briefing on a draft report submitted by Myanmar Rice Federation regarding the enactment of a rice law. The briefing was held at the headquarters of the Republic of the Union of Myanmar […]

India starts construction of ₹1,600-cr Mizoram-Myanmar Kaladan road

After years of delay, India finally kicked off the construction of the 109-km road project that connects Paletwa river terminal to Zorinpui on the Mizoram border in Myanmar, as part of the $484-million Kaladan Multimodal project. But completing it by2019 will be a herculean task. The ₹1,600-crore road project that passes through dense forests and […]

Delay in Myanmar approvals holds up Kaladan road project

First, it was delay on the part of India that held up implementation of key India-sponsored infrastructure projects in Myanmar. Now, delay in getting due permissions from Myanmar is holding up work on the ₹2,904-crore Kaladan multi-modal transport project. Kaladan is the single largest development activity undertaken by India in a foreign country. 109-km-long road […]

India opens two border crossing points with Myanmar, Bangladesh

India has opened two immigration check posts along the borders with Myanmar and Bangladesh, a reflection of its growing closeness with the two eastern neighbours. In a gazette notification, the home ministry said the central government has designated Zorinpui land check post in Lawngtlai district of Mizoram as an authorised immigration check post for entry […]

Expanding trade with India

INDIA has formed a Myanmar chamber of commerce in Yangon to boost trade and forge closer economic ties with the country. The move follows Indian Prime Minister Narendra Modi’s visit here on September 5-7 and also comes after India imposed import restrictions on Myanmar’s pulses and beans last month. Currently, trade between the two countries […]

PM Narendra Modi’s visit to expand strategic and economic footprint in Myanmar

NEW DELHI: PM Narendra Modi’s three-city Myanmar visit from September 5-7 comes at an appropriate time with India seeking to expand strategic and economic footprint in the South East Asian country where Chinese attempts to enhance its sphere of influence has been met with varying degrees of success. The visit to Myanmar –– considered India’s […]