India | UK | US

India unveils business proposals with Myanmar

Posted : Sun, 07 Oct 2007 13:26:02 GMT
By : IANS
Category : India (Business)
News Alerts by Email ( click here )
India Business News | Home
Guwahati, Oct 7 - India announced Sunday a series of cross-border development projects with Myanmar aimed at better connectivity and boosting the regional economies of the two countries.

'We are involved in a variety of projects with Myanmar in diverse fields such as roads, railways, telecommunications, IT, science and technology, and power,' External Affairs Minister Pranab Mukherjee said.

Mukherjee was delivering a lecture titled 'India's Look East Policy - Challenges for Sub-Regional Cooperation' in Assam's main city of Guwahati organised by the public diplomacy division of the external affairs ministry.

'These initiatives are aimed at improving connectivity between northeastern India and western Myanmar and are expected to give an impetus to the local economies as well as bilateral trade,' the minister said.

Mukherjee's statement assumes significance in the context of the present brutal attacks on pro-democracy protesters in Myanmar and the international condemnation of the military crackdown.

The external affairs last week issued a guarded statement expressing 'concern' over the turmoil in Myanmar.

'As a close and friendly neighbour, India hopes to see a peaceful, stable and prosperous Myanmar, where all sections of people will be included in a broadbased process of national reconciliation and political reform,' the statement had said.

The minister said that among the notable agreements reached with the junta is the one about connectivity of the waterways between the two countries.

'Probably among the most important is the Kaladan Multi-Modal Transit Transport facility, which envisages connectivity between Indian ports on the eastern seaboard and Sittwe Port in Myanmar,' Mukherjee said.

Exiled Myanmarese leaders had earlier expressed concern over India's lukewarm response in condemning the military crackdown on pro-democracy protesters in Myanmar, although analysts said New Delhi is walking a diplomatic tightrope to appease the junta for strategic interests.

'It is indeed very shocking to find one of the world's largest democracy (India) adopting a nuanced approach when the (Myanmar) military is trying to neutralize pro-democracy supporters,' Min Maung, an exiled Burmese student leader here, said.


(c) Indo-Asian News Service

Share/Save/Bookmark

Article : India unveils business proposals with Myanmar
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

Indian premier pushes for faster economic reforms
New Delhi - India had weathered the global economic crisis better than most countries and would push financial sector and other reforms to regain a 9 per cent rate of growth, Prime Minister Manmohan Singh said Sunday. Delivering the opening address a...

Two killed, scores injured in labour clashes in Bangladesh - Summary
Dhaka - At least two people were killed and scores others injured in fierce clashes between police and garment workers near the Bangladeshi capital Dhaka on Saturday, police and witnesses said. Police confirmed deaths almost 12 hours after the local ...

Scores injured in clashes over factory lay-offs in Bangladesh
Dhaka - Fierce clashes between police and clothes workers left scores of people injured near the Bangladeshi capital Dhaka on Saturday, police and witnesses said. Unconfirmed reports suggested that at least two workers were killed during the five-hou...

New Nepal-India trade treaty comes into effect
Kathmandu - A new Nepal-India trade treaty came into effect Wednesday aimed at curbing unauthorised trade between the two countries. The treaty was signed by Nepal's Commerce Minister Rajendra Mahato and his Indian counterpart Anand Sharma in the Nep...

India central bank holds interest rates, warns of inflation - Summary
New Delhi - India's central bank announced Tuesday that it would keep key short-term interest rates at their current record lows to support the economic recovery process while trying to ensure price stability. The Reserve Bank of India also retained ...

India's central bank holds interest rates, warns of inflation
New Delhi - India's central bank announced Tuesday that it would keep key short-term interest rates at their current record lows to support the economic recovery process while trying to ensure price stability. The Reserve Bank of India also retained ...

Tata Motors acquires control of Spanish bus maker
New Delhi - India's Tata Motors Ltd Tuesday announced that it had acquired the remaining 79 per cent stake in Spanish bus maker Hispano Carrocera S.A. Tata Motors, which is India's largest automobile company by sales, said it bought the additional st...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More India (Business) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.