Joint Trade Committee Meeting between India and Myanmar

India and Myanmar signed the Treaty of Friendship in 1951. The visit of Prime Minister Rajiv Gandhi in 1987 laid the foundation for a stronger relationship between India and Myanmar.
Sheena

Updated: Nov 28, 2020 07:08:04 pm

Joint Trade Committee Meeting between India and Myanmar

28 November 2020 Current Affairs:

The 7th Joint Trade Committee Meeting between India and Myanmar was held through virtual mode on 24th November 2020. 

Highlights:
♦ During the consultation, both sides reviewed bilateral issues, including trade, investment, banking, connectivity, capacity building and border infrastructure upgrades.
♦ Both sides reviewed their preparations for the challenge of COVID-19 and expanded cooperation in the pharmaceutical and health sectors including traditional medicines.
♦ India-Myanmar relations are rooted in a common history, race, culture and religious ties. As the land of the Buddha, India is a pilgrimage country for the Burmese people. 
♦ The relationship between India and Myanmar has stood the test of time. The geographical proximity of the two countries helps to develop and maintain friendly relations and promotes connections between people. 
♦ India and Myanmar have a long land border of more than 1,600 kilometres and a maritime border in the Bay of Bengal. Myanmar has a large population of Indian descent (according to some estimates, about 2.5 million).
♦ India and Myanmar signed the Treaty of Friendship in 1951. The visit of Prime Minister Rajiv Gandhi in 1987 laid the foundation for a stronger relationship between India and Myanmar. 
♦ The two countries have signed some agreements to strengthen bilateral cooperation. An institutional mechanism has also been established to promote regular dialogue on a range of bilateral interests.

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