Myanmar and Indian entrepreneurs will meet at the Union of Myanmar
Federation of Chambers and Commerce Industry (UMFCCI) in Yangon for
business cooperation matters on next Monday, according to UMFCCI
Tuesday.
Aimed at promoting bilateral trade and investment of the two countries,
Indian business delegation of Indo-Myanmar Chamber of Commerce and
Industry will make discussion with its Myanmar counterpart on such
business sectors as pulses and beans, timbers, sesame, pharmaceuticals,
metal, tourism, construction, textile, automobile, clothing, livestock
and agriculture, the sources said.
According to official statistics, Myanmar-India bilateral trade reached
426.37 million US dollars in the first four months (April- July)of the
fiscal year 2012-13. Of the total, Myanmar's export to India amounted to
329.49 million U.S.dollars, while its import from India was valued at
96.89 million dollars.
Source: Xinhua
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