Myanmar to promote trade with India

Myanmar has planned to promote trade with India by increasing items of tradable goods, official media reported Wednesday.

U Aung Htoo, deputy minister for commerce, told a parliament session in Nay Pyi Taw on Tuesday that Myanmar had held consultations with India on border trade.

For the purpose of promoting trade between the two countries, a series of joint committee meetings related to bilateral trade, border trade and border-market were held.

High-ranking officials from both sides had extensive discussions on opening a trade zone in Htantalan in Myanmar's western Chin State and a new trade zone in Pan Khwar, Mizoram State in India.

Moreover, bilateral banking services, cooperation in agriculture, fishery, medicine, textile sectors had also been discussed.

The sixth Myanmar-India joint trade committee will meet in New Delhi, India next month, official media reported.

(ASIA PACIFIC DAILY)