Page 283 - LECTURETTE TOPICS eBOOK

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• The relationships again started to improve after the 1990’s.

Issues

• Both the countries have not fully realised the growth potentials.
• The trade proportion is limited between the two countries. In 2014-15, India’s
exports to Myanmar were only 4.9% and imports were only 8.1 %
• The growth in bilateral trade was from 2.05 billion dollars in 2015-2016 to 2.18
billion dollars in 2016-2017 which shows how slow the pace of growth is.
• China’s FDI in Myanmar has been 25 times more than India.
• The tourist visits and the connectivity between the two countries are limited.
Only New Delhi and Kolkata are connected through air to Myanmar.
• India has recently restricted imports of green gram, black gram and pigeon
pea from Myanmar.

Initiatives

• In order to ensure free movement to residents living within the 16km border,
the Union Cabinet has approved an agreement to give border pass.
• The extension of air, land and sea routes are being worked upon.
• 2 billion dollars investment has been made by India in Myanmar for
infrastructural development projects.
• Indian railways have given 18 diesel-electric locomotives to Myanmar
railways.
• The three countries India, Myanmar, and Thailand are building the Asian
trilateral highway connecting them to ASEAN.
• A road-river port cargo project popularly known as the Kaladan project is set
to be completed by 2020 and will link Kolkata to Sittwe in Myanmar.
• In September 2017, Prime Minister Narendra Modi visited Myanmar for
discussing trade issues, Rohingya issue, defence and security issues etc. 11
agreements were signed during the visit. This visit is said to be the turning
point of future relations.
• No cost visas for Myanmar citizens have been announced.

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