India, Myanmar discuss local currency settlement, ASEAN FTA review, doubling trade by 2030
Moneycontrol
India and Myanmar held the ninth meeting of the Joint Trade Committee, discussing increased trade and economic cooperation.Summary
The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) took place in Nay Pyi Taw, Myanmar, on January 21. Discussions centered around enhancing bilateral trade, which reached $2.15 billion during 2024–25. Key topics included exploring local currency settlement options for trade and reviewing the ASEAN Free Trade Area (FTA) to identify opportunities for increased collaboration. Both nations expressed a commitment to doubling their trade volume by 2030, signaling a strengthened economic partnership. The meeting involved officials from both countries focused on trade and economic ministries.
(Source：Moneycontrol)