CNI News
28 October 2024
He believed that India would go on existing as one of the most valuable trade partner for Myanmar, said Sr-Gen Min Aung Hlaing, chairman of the SAC.
He said the above at the 60th anniversary celebration of the India's technology and cooperation program on 24th October 2024.
India has existed as the seventh trade partner of Myanmar and total trade value between the two countries was 1150.181 million dollars until February in the 2023-2024 fiscal year.
The number of countries and regions which came and invested in Myanmar was 53 and according to the list of investment until January 2024, India's investment stood on the 11th level, said Sr-Gen Min Aung Hlaing.
" I believe that India will go on existing as one of the most valuable trade partner. India's technology and economic cooperation program promoted trust, fraternity, mutual respect and cooperation in the multi sectors between the two countries." he said.
At present, border trade between Myanmar and India has stopped due to territorial instabilities while the Kaladan River Project also has stopped as well.
However, medicine, medical equipment, pulses and consumer goods are being traded by sea between the two countries
