Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Anand Sharma Sets Target of Doubling Trade With Myanmar by 2015 .


Date: 28-09-2011
Subject: Anand Sharma Sets Target of Doubling Trade With Myanmar by 2015
New Delhi, Sep 27 (ANI): Union Commerce and Industry Minister Anand Sharma has set the target of doubling the existing 1.5 billion dollars trade between India and Myanmar by 2015.

Chairing the fourth meeting of Joint Trade Commission along with U Win Myint, Union Minister of Commerce, Myanmar, Sharma said: “I propose that we work towards doubling of bilateral trade by 2015.”

“We also need to work towards broad-basing our trade basket. ….. Let us encourage businesses of both sides need to be encouraged to utilize Duty Free Tariff Preference Scheme and ASEAN FTA channels to diversify trade,” he added

Sharma further said construction of the Kaladan Multimodal Transit Transport Project comprising of a waterway component and a roadway component by 2013 will completely transform the trade between North East India and the rest of the world.

“The project envisages a direct trade corridor between Indian Ports on the eastern seaboard and Sittwe Port in Myanmar and then through riverine transport and by road to Mizoram, thereby providing an alternate route for transport of goods to North-East India. The two countries recognized the need to start collaborating to build a Land Customs Station at India-Myanmar Border (at Mizoram) to facilitate the movement of vehicles and goods entering and leaving Mizoram state,” he added.

On the issue of border trade, it was noted that the border trade point at Moreh, on Indian side, and Tamu, on Myanmaar side, is stabilising and has immense potential for normal trade.

Sharma invited his counterpart to inaugurate the second border trade point at Zowkhatar(Mizoram) that will connect to Rhi in Myanmar.

Both the Ministers stressed the need for working on two additional border trade points – Pangsau Pass (in Arunachal Pradesh) and Avangkhung (in Nagaland).

India and Myanmar have also expanded the list of items for border trade from 22 to 40.

India is keen to participate in the gas sector of Myanmar. Indian companies have shown interest in setting up of gas based units, invest in LNG infrastructure. (ANI)

Source : truthdive.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001