India - Myanmar Joint Statement

Current Affair 1:

India - Myanmar Joint Statement

News:

Highlights of the statement:

1. Currency of Myanmar: Kyat
2. India–Myanmar trade settlement mechanism: Rupee–Kyat
3. Scholarship programme mentioned: Mekong-Ganga ICCR Scholarship
4. Connectivity projects: Kaladan Project and India–Myanmar–Thailand Trilateral Highway.

Kaladan Multi-modal Transit Transport Project (KMTTP):

Implementation of the project commenced formally in December 2010 and the main items of work involved are as follows:

The IMT Highway is a 1,360 km long route under construction, connecting Moreh, India, with Mae Sot, Thailand, via Myanmar.

1. Myanmar linked to India's Neighborhood First, Act East and MAHASAGAR policies.
2. Visit highlighted Buddhist diplomacy through Bodh Gaya.

India- Myanmar Trade: Taken from the original source.

 

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