A bilateral Trade Agreement was signed in 1970. Bilateral trade has been growing steadily to reach US$2178.44 million (2016-17), of which Indian exports amounted to US$ 1111.19 million and Indian’s imports to US$1067.25 million.
India is the fifth largest trading partner of Myanmar but trade remains below potential. Agriculture sector dominates trade, particularly supply of beans & pulses to India ($ 809million, 2016-17) and timber ($ 156 million).
SAARC and Myanmar
Myanmar has been a responsible member of ASEAN since 1997. In May 2008 Myanmar had formally requested to be included ....
