Sitharaman to visit Myanmar with Indian CEOs
The Dollar Business Bureau In order to boost economic and trade ties between India and Myanmar, India’s Minister of Commerce and Industry, Nirmala Sitharaman, will lead a 25-member delegation of businessmen to Myanmar. "After the recent change of government in Myanmar, Nirmala Sitharaman will be the first Indian minister to visit the country. The Minister will head a high level delegation of CEOs from May 18th to 20th, 2016," according to an official statement. She will take part in the India-Myanmar Business Conclave to be held in Yangon. The conclave is being organised by New Delhi as part of its 'Act East' strategy. The 25-member delegation includes Arundhati Bhattacharya (State Bank of India), Madhu Kannan (Tata Sons), Naushad Forbes (President, CII), Rakesh Mittal (Bharti ...
WB, Odisha to explore biz opportunities in Myanmar
Source: PTI A 12-member industry delegation from West Bengal and Odisha will visit Myanmar to explore opportunities for bilateral trade and increase economic cooperation. The five-day visit starting from May 16 will include meetings with potential partners from Myanmar matching the profiles of the visiting delegates, the Bengal Chamber of Commerce and Industry (BCC&I) said in a statement. The delegation will meet the Union of Myanmar Federation of Chambers of Commerce and Industry, the Mandalay Region Chamber of Commerce and Industry, Indian Diaspora in Myanmar and Cabinet Ministers of the Republic of the Union of Myanmar. "India and Myanmar have enjoyed close geographical proximity, cultural ties and cordial relations through history that have facilitated long-standing trade relations across land and sea routes," BCC&I ...
India, Myanmar to resolve issues impeding bilateral trade & investments
Sai Nikesh | The Dollar Business India and Myanmar on Tuesday discussed and agreed to resolve the issues such as lack of good connectivity and lack of banking arrangement both for regular and border trade, which are hampering bilateral trade and investment between the two economies. In this regard, India offered to provide infrastructure support to Myanmar at the border trade points, besides supporting subsidized direct shipping links between the two countries to further promote bilateral trade. Both the countries met in Myanmar’s capital Nay Pyi Taw on Tuesday for the fifth India- Myanmar Joint Trade Committee meeting that was co-chaired by the Indian Minister of Commerce & Industry Nirmala Sitharaman and Myanmar Union Minister of Commerce U Win Myint. ...
