Ninth Meeting of the
India–Myanmar Joint Trade Committee (JTC) was held in Nay Pyi Taw, Myanmar.The
meeting focused on expanding market access, streamlining financial
transactions, promoting the Rupee–Kyat trade settlement mechanism, and
maximising benefits under the ASEAN–India Trade in Goods Agreement
(AITIGA).AITIGA is a Free Trade Agreement (FTA) between the ten member states
of the Association of Southeast Asian Nations (ASEAN) and India, designed to
reduce or eliminate customs tariffs and non-tariff barriers on physical goods
traded between them.Discussions covered improving connectivity, upgrading
border infrastructure, and reopening border trade posts to boost cross-border
trade and movement.Identified multiple sectors for cooperation, including
textiles, transport and connectivity, shipping, power, Information and
Communication Technology (ICT), and Micro, Small and Medium Enterprises
(MSMEs), to drive mutual growth.
Both sides emphasised
capacity building, customs and border management, and improved infrastructure
as key enablers of sustained economic cooperation.Cooperation in health,
pharmaceuticals, and agriculture was highlighted as essential for long-term
gains and strengthening mutual support and collaboration.Reaffirmed the
strategic importance of the Tamu–Moreh and Rhi–Zokhawthar border trade posts in
facilitating cross-border trade.Tamu–Moreh and Rhi–Zokhawthar are the two
primary operational border trade posts between India and Myanmar, facilitating
essential land-based commerce and connectivity
India-Myanmar
Relations
¨
India shares a long land border of over 1643 kms with Myanmar, as well
as a maritime boundary in the Bay of Bengal.
¨ Four northeastern states, viz., Arunachal
Pradesh, Nagaland, Manipur and Mizoram, have a boundary with Myanmar.
¨ The countries have shared religious,
linguistic, and ethnic ties, with Myanmar being India’s only ASEAN neighbour
and gateway to Southeast Asia.
¨ India aims to enhance cooperation with
Myanmar under its ‘Act East’ and ‘Neighbourhood First’ policies.
¨ India’s Act East Policy (AEP) is a diplomatic
initiative launched in November 2014 as a proactive upgrade to the 1991 “Look
East Policy”. It seeks to promote economic cooperation, cultural ties, and
strategic relationships with countries in the Indo-Pacific region.
¨
India’s Neighbourhood First Policy (NFP), launched in 2014, is a core
diplomatic framework aimed at building cordial and synergetic relations with
its immediate South Asian neighbours.
Bilateral
trade
¨
India and Myanmar reached USD 2.15 billion in bilateral trade during
2024–25, reflecting a strong and positive growth trajectory.
¨
Recognising the significant potential for further expansion, both sides
agreed on a shared vision to scale bilateral trade to USD 5 billion by 2030.
Development
Cooperation
¨
India’s development assistance portfolio in Myanmar is now over US $1.75
billion. The bulk of this assistance is grant-funded.
¨
India has undertaken major connectivity projects in Myanmar, including
the Kaladan Multimodal Transit Transport Project and the Trilateral Highway
linking Northeast India with Myanmar and Thailand.
Defence
Cooperation
¨
Defence cooperation has been a strong pillar of bilateral relations
between the two countries.
¨
India and Myanmar regularly conduct joint military exercises IMBEX
(India–Myanmar Bilateral Exercise), which focuses on counter-insurgency and
jungle warfare operations.
Investment
¨
As of 31 March 2025, India is the 11th largest investor in Myanmar, with
approved investments of US$782.821 million by 39 Indian enterprises, out of
total foreign investments of US$96.05 billion from 53 countries.
¨ Disaster Relief
¨
Following the 7.7 magnitude earthquake in Myanmar on 28 March 2025,
India launched Operation Brahma, deploying 9 military aircraft and 5 warships
to deliver about 968 MT of humanitarian assistance and disaster relief.