9th Myanmar-India Joint Trade Committee meeting held

 

The Ninth Myanmar–India Joint Trade Committee Meeting, hosted by Myanmar, was held yesterday at the Park Royal Hotel in Nay Pyi Taw.

At the meeting, chaired by Deputy Minister for Commerce U Min Min of the Ministry of Commerce, an opening address was delivered in which he stated that, in accordance with the Memorandum of Understanding on the establishment of the Myanmar–India Joint Trade Committee, the committee meetings have been held alternately by the two countries since 2003. He noted that these meetings represent an important milestone in enhancing bilateral trade cooperation. He added that discussions would be held on ways and means to further increase bilateral trade volumes, facilitate smoother trade, improve infrastructure, and promote increased investment in key sectors such as agriculture, transport, energy, information and communication technology, micro, small and medium-sized enterprises, and health. He expressed confidence that today’s meeting would further strengthen existing cooperation between the two countries and help identify effective measures to reduce and overcome trade-related challenges faced by businesses on both sides.
At the Preliminary Meeting held yesterday, the minutes of the meeting, following detailed discussions by representatives of the relevant ministries of both countries, were reportedly confirmed and signed by Deputy Minister for Commerce of Myanmar and Shri Nitin Kumar Yadav, Additional Secretary of the Department of Commerce under the Ministry of Commerce and Industry of India. A luncheon was then hosted for the delegates from Myanmar and India in attendance.

The Ninth Myanmar–India Joint Trade Committee Meeting was attended by directors-general, the deputy permanent secretary, deputy directors-general and responsible officials from the Ministry of Commerce, deputy directors-general and officials from relevant ministries, Mr Abhay Thakur, Ambassador of India to Myanmar, and a delegation led by Shri Nitin Kumar Yadav, Additional Secretary of the Department of Commerce under the Ministry of Commerce and Industry of the Republic of India, along with other officials. A total of 56 delegates attended the meeting. It is learnt that both sides agreed to hold the Tenth Myanmar–India Joint Trade Committee Meeting in New Delhi, India.

MNA/MKKS

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