India and Myanmar: A New Era of Trade and Cooperation
The Indian Economic Trade Organisation (IETO) plans to establish a Myanmar Trade Council, enhancing trade, education, and technology ties between India and Myanmar. The initiative aims to boost bilateral economic cooperation as Myanmar joins the Shanghai Cooperation Organization and invites Indian investments in key sectors.
The Indian Economic Trade Organisation (IETO) has revealed plans to establish a Myanmar Trade Council, a move set to enhance economic, educational, and technological collaborations between the two countries. The announcement comes as Myanmar joins the Shanghai Cooperation Organization (SCO), providing new avenues for regional engagement.
Speaking at the International Resilience Summit 2025 in Bengaluru, Myanmar's Ambassador to India, Zaw Oo, emphasized the longstanding cultural and economic ties between the nations and urged Indian investors to contribute to Myanmar's growth across various sectors such as agriculture and renewable energy.
As the relationship continues to evolve, IETO President Asif Iqbal highlighted the promising opportunities that lie ahead, particularly for Karnataka and Bengaluru, in fostering sustainable global partnerships. The bilateral trade, which reached USD 1.8 billion in FY 2024–25, underscores the potential for further economic integration between the two regions.
(With inputs from agencies.)
- READ MORE ON:
- India
- Myanmar
- Trade Council
- IETO
- collaboration
- economy
- technology
- SCO
- Karnataka
- Bengaluru
ALSO READ
Strategic Collaboration Urged for Ravi River Basin Flood Management
Dr. Jitendra Singh Launches Campus Tank to Build India’s Start-Up Linked Economy
Madhavan and Dhoni Tease Exciting Collaboration: A Screen Duo to Watch Out For!
RSS Plots Centenary Goals: Strengthening Society and Empowering Rural Economy
South Africa’s Economy Attracts Fresh Investments Amid Structural Reforms
Google News