New Delhi, June 1 -- Myanmar's President U Min Aung Hlaing has called for enhanced bilateral trade and investment between two countries.
He invited Indian businesses to invest in Myanmar's growing sectors such as agro-processing, pharmaceuticals, renewable energy and digital economy.
He was chairing high-level India-Myanmar Trade & Investment Discussions here.
Dr. Vikramjit Singh Sahney, Co-chair of International Council at Confederation of Indian Industries (CII) advocated for a direct Rupee-Kyat trade settlement mechanism to bridge the current gap in bilateral Commerce.
"India and Myanmar must trade in rupee to reduce unnecessary transaction costs and eliminate delays caused by routing payments through third countries like Singapore,"...