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NEW UPDATES Asean Affairs   23 February  2015  

Myanmar-India bilateral trade to hit US$10 billion by 2020

The Union of Myanmar Federation of Chambers of Commerce and Industry says it expects the volume of bilateral trade between Myanmar and India will reach US$10 billion [K10,000 billion] by 2020, reports Xinhua on February 19.

The estimate was made after the 5th meeting of the India-Myanmar Joint Trade committee in Nay Pyi Taw.
Representatives from the Myanmar and India governments focused on trade promotion, cooperation between the two business communities and investment potential in various sector including renewable energy, health services and infrastructure development, sources said.

Meanwhile, both sides are hoping for US$ 3 billion in bilateral trade in 2015, seeking possibilities to enhance trade and investment between the two countries.

According to official figures, India's investment in Myanmar amounted to US$508 million at the end of December 2014, standing 11th in Myanmar's foreign investor line-up.--mizzima

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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