The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) was held on Wednesday in Nay Pyi Taw, Myanmar. The meeting was co-chaired by U Minn Minn, Deputy Minister, Ministry of Commerce, Myanmar, and Shri Nitin Kumar Yadav, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India. Officials from relevant stakeholder ministries of both countries also participated.
The discussions covered a broad range of issues, including improving connectivity, expanding market access, streamlining financial transactions, upgrading border infrastructure, reopening border trade posts, promoting the Rupee–Kyat trade settlement mechanism, and maximizing benefits under the ASEAN–India Trade in Goods Agreement (AITIGA). The Myanmar side expressed appreciation to India for maintaining a supportive policy environment for Myanmar’s exports, especially pulses and beans.
Both sides explored potential areas of cooperation to boost mutual growth, focusing on sectors such as textiles, transport and connectivity, capacity building, customs and border management, shipping, power, ICT, MSMEs, health, pharmaceuticals, and agriculture. They noted that deeper collaboration in these areas could deliver long-term gains and strengthen bilateral ties.
The meeting reaffirmed the importance of the Tamu–Moreh and Rhi–Zokhawthar border trade posts in facilitating cross-border trade, with India reiterating its request for their early reopening. The two sides also emphasized the need to develop a corresponding Integrated Check Post at Tamu to improve trade efficiency.
Bilateral trade between India and Myanmar stood at USD 2.15 billion in 2024–25, and both countries agreed on a shared objective to scale it up to USD 5 billion by 2030, recognizing the significant potential for expansion.
Both sides also reaffirmed their commitment to the early completion of the AITIGA review, aiming to make the agreement simpler, more balanced, and trade-facilitative. It was agreed to strengthen cooperation across all discussed areas and maintain regular inter-agency communication to ensure effective follow-up.
The next meeting of the India–Myanmar Joint Trade Committee will be held in New Delhi.