Indian foreign policy has changed markedly since the 1990s, driven by realism and its own economic and strategic interests. One important change has been the increased attention New Delhi has been paying to Southeast Asia over the past two decades. The government of P. V. Narasimha Rao, which initiated India’s “Look East Policy,” also recognized […]
India’s EXIM Bank Agrees More Than $350M in Credit to Myanmar
January 3, 2014 by
YANGON — The Indian government’s Export-Import Bank (EXIM Bank) has said it will loan Myanmar more than US$350 million to finance irrigation projects and improvements to the country’s railways. In an announcement Dec. 26, the bank, which opened an office in Yangon in September, said it would extend credit to the Myanmar Foreign Trade Bank […]
