To facilitate trade in Rakhine State, U Tin Aung Oo, chair of Rakhine State Federation of Chamber of Commerce and Industries, last week proposed the construction of a new port in Sittwe during a meeting with the vice president. He said the port, which should be able to handle vessels of up to 20,000 tonnes, […]
The Opening of an India-Myanmar Land Border Crossing: A Boon for Northeast India
August 15, 2018 by
The recent opening of two land-border crossings between India and Myanmar at Tamu/Moreh in the state of Manipur and Rihkhawdar-Zowkhawtar in Mizoram will go a long way toward bringing India and Myanmar closer. According to a statement issued by the Indian Embassy in Myanmar, “the landmark Land Border Crossing Agreement between India and Myanmar, signed […]
New Push Sought for Myanmar-India Economic Links
April 2, 2018 by
YANGON, MYANMAR — A delegation of Indian CEOs visiting Myanmar and the launch of a new India-Myanmar business chamber in Yangon have sought to inject life into stagnant economic ties between the two neighboring countries. Since 2011, when the military junta launched political and economic reforms, Myanmar’s future prosperity has been predicated on its strategic […]
Belt and Road, Kaladan and the future of Rakhine’s economy
October 3, 2017 by
THE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the meantime, local communities in Kyaukphyu have demanded the stake ratio of the proposed Kyaukphyu port to be restructured so as to allow a […]
Why India Isn’t Really ‘Acting East’ in Myanmar
July 20, 2017 by
As an ascendant economic and political power, India has long been eager to assert its influence on the global stage, particularly in neighboring Southeast Asia. India’s intentions for foreign engagement are best articulated in its so-called Act East policy, an ambitious effort to elevate Indian influence via economic and strategic links with the subregion. Central […]
