{"id":5590,"date":"2025-09-06T23:57:14","date_gmt":"2025-09-06T18:27:14","guid":{"rendered":"https:\/\/belgaumnow.com\/?p=5590"},"modified":"2025-09-06T23:57:14","modified_gmt":"2025-09-06T18:27:14","slug":"myanmar-ambassador-urges-indian-investment-new-trade-council-launched-in-karnataka","status":"publish","type":"post","link":"https:\/\/belgaumnow.com\/?p=5590","title":{"rendered":"Myanmar Ambassador Urges Indian Investment, New Trade Council Launched in Karnataka"},"content":{"rendered":"
\n
\n
\n
\n

Myanmar Calls for Stronger Indian Investment, New Trade Council Announced in Bengaluru<\/strong><\/span><\/h2>\n

Bengaluru <\/b>\u2013 In a significant move to bolster economic ties, the Indian Economic Trade Organization (IETO) announced the forthcoming launch of a dedicated Myanmar Trade Council in Karnataka. The announcement came as Myanmar\u2019s Ambassador to India called for a fresh wave of Indian investment, highlighting the country’s strategic regional integration and a bilateral trade relationship that reached $1.8 billion in the last fiscal year.<\/p>\n

The calls for deepened collaboration were made at the \u2018International Resilience Summit 2025\u2019, where Ambassador U Zaw Oo positioned Myanmar as a prime destination for Indian expertise and capital. He emphasized the natural partnership between the two neighbours, linked by more than just geography.<\/p>\n

\u201cMyanmar welcomes Indian investment and expertise,\u201d stated Ambassador Zaw Oo. \u201cOur countries are connected not only by borders but by centuries of cultural and economic linkages. As Myanmar integrates further into regional frameworks, India stands as a natural and vital partner\u2014particularly in agriculture, pharmaceuticals, infrastructure, and renewable energy.\u201d<\/p>\n

The Ambassador\u2019s appeal is timed with Myanmar\u2019s recent induction into the Shanghai Cooperation Organization (SCO), a development seen as opening new avenues for multilateral engagement and economic stability. This accession provides a renewed framework for cooperation in critical sectors like infrastructure, healthcare, and digital innovation.<\/p>\n

\"\"
Karnataka to Gain from New Myanmar Trade Corridor, Says Envoy<\/figcaption><\/figure>\n

A Maturing Economic Partnership<\/strong><\/p>\n

The India-Myanmar economic relationship is already robust. India\u2019s key exports include pharmaceuticals, refined petroleum, steel, and machinery, while it relies on Myanmar for essential imports like pulses, timber, and natural gas. The $1.8 billion trade figure for FY 2024-25 underscores a solid foundation poised for growth.<\/p>\n

To harness this potential, the IETO is institutionalizing its efforts. Dr. Asif Iqbal, President of the IETO, reaffirmed the organization\u2019s commitment and detailed the new initiative.<\/p>\n

\u201cMyanmar\u2019s entry into the SCO is a positive step toward greater regional cooperation and stability,\u201d Dr. Iqbal said. \u201cIETO will soon launch a dedicated Myanmar Trade Council, with Karnataka\u2014and particularly Bengaluru\u2014poised to benefit from deeper trade, education, and technology collaborations.\u201d<\/p>\n

Media Updates: +91-93531 21474 [WhatsApp] |\u00a0indianowme@gmail.com<\/a><\/strong><\/p>\n

Summit Focuses on Resilience and Global Cooperation<\/strong><\/p>\n

The broader summit served as a platform for international dialogue on sustainable growth. Prof. Dr. A.V. Srinivasan, AYUSH Commissioner for Africa, highlighted the role of traditional knowledge systems in global health. The importance of robust healthcare infrastructure was further underscored by Dr. M.K. Ramesh, President of the National Medical Commission (MARB), who called it a “foundational element of national resilience and global preparedness.”<\/p>\n

A key panel discussion on \u201cThe Future of Global Resilience\u201d featured leaders from diverse fields including academia, biotech, and social enterprise. The conversations centred on building resilient institutions and fostering innovation through regional cooperation.<\/p>\n

The event reinforced India\u2019s role as a hub for global dialogue, offering a critical platform for entrepreneurs to explore new markets and forge partnerships aimed at building a more sustainable and interconnected economic future.<\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\n
\n

Key Quotes<\/strong><\/span><\/h2>\n

1. On Inviting Indian Investment:<\/strong><\/p>\n

\n

\u201cMyanmar welcomes Indian investment and expertise. Our countries are connected not only by borders but by centuries of cultural and economic linkages. As Myanmar integrates further into regional frameworks, India stands as a natural and vital partner\u2014particularly in agriculture, pharmaceuticals, infrastructure, and renewable energy.\u201d<\/strong>
\n\u2014\u00a0U Zaw Oo<\/strong>, Ambassador of Myanmar to India<\/p>\n<\/blockquote>\n

2. On the New Trade Council & SCO Accession:<\/strong><\/p>\n

\n

\u201cMyanmar\u2019s entry into the SCO is a positive step toward greater regional cooperation and stability. IETO will soon launch a dedicated Myanmar Trade Council, with Karnataka\u2014and particularly Bengaluru\u2014poised to benefit from deeper trade, education, and technology collaborations.\u201d<\/strong>
\n\u2014\u00a0Dr. Asif Iqbal<\/strong>, President of the Indian Economic Trade Organization (IETO)<\/p>\n<\/blockquote>\n

3. On Healthcare Infrastructure:<\/strong><\/p>\n

\n

\u201cRobust healthcare infrastructure is a foundational element of national resilience and global preparedness.\u201d<\/strong>
\n\u2014\u00a0Dr. M.K. Ramesh<\/strong>, President of the National Medical Commission (MARB)<\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n

<\/g><\/svg><\/i> \"Loading\"<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Myanmar Calls for Stronger Indian Investment, New Trade Council Announced in Bengaluru Bengaluru \u2013 In a significant move to bolster economic ties, the Indian Economic Trade Organization (IETO) announced the forthcoming launch of a dedicated Myanmar Trade Council in Karnataka. The announcement came as Myanmar\u2019s Ambassador to India called for a fresh wave of Indian […]<\/p>\n","protected":false},"author":2,"featured_media":5592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[198],"tags":[73,1296,1294,1295],"class_list":["post-5590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bengaluru","tag-bengaluru","tag-indian-investment","tag-myanmar","tag-trade-council"],"_links":{"self":[{"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/posts\/5590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5590"}],"version-history":[{"count":1,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/posts\/5590\/revisions"}],"predecessor-version":[{"id":5593,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/posts\/5590\/revisions\/5593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=\/wp\/v2\/media\/5592"}],"wp:attachment":[{"href":"https:\/\/belgaumnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/belgaumnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}