Myanmar has witnessed a landslide victory by the National League for Democracy led by Daw Aung San Suu Kyi in the elections held in November 2015. The new democratic Government in Myanmar has been established. Minister for Commerce & Industry, Smt. Nirmala Sitharaman will be the first Minister from India to visit Myanmar after the change of regime in Myanmar. She will lead a high level CEO delegation to Myanmar from 18-20 May,2016

An India Myanmar Business Conclave is being organized by India at Yangon on 18-20 May 2016 as part of its Act East policy. A 25-member business delegation comprising of whos-who of the business world from India is attending the Conclave. The delegation includes amongst others Dr Naushad Forbes (President CII), Mr Rakesh Mittal (Bharti Enterprises), Ms Shobana Kamineni (Apollo Hospitals), Ms Arundhati Bhattacharya (State Bank of India), Dr Rajiv I Modi (Cadila Pharma) and Mr Madhu Kannan (Tata Sons). The delegation from India will be led by Smt. Nirmala Sitharaman Minister of State (Independent Charge) for Commerce & Industry. Many leading business persons from Myanmar including many Ministers shall attend the Conclave.

The two days are expected to witness live and involved sessions on various sectors including Agriculture, Manufacturing and Employment, IT, Health, Education, Skill Development, Power & Renewable energy, Connectivity (Air, Sea, Land), Tourism and Hospitality, SEZs, Industrial Zones and Finance.

Highlight of the event is a Government-Business Round table on the theme: ‘Forging Partnerships for Myanmar’s Development’. The Round table is expected to see leading personalities from the Government and business on both sides.

Smt. Nirmala Sitharaman is also scheduled to have bilateral interactions with many Ministers of the new Myanmar Government including U Win Khaing, Myanmar Minister for Construction, Dr. Than Myint, Myanmar Minister for Commerce and U Khin Maung Cho, Myanmar Minister for Industry.

This is the first visit of any Minister from India after the change of regime in Myanmar. With this visit India wishes to give a strong signal of its commitment to partner Myanmar in its new path for economic and social development.

Act East policy strengthens economic diplomacy through minister-led business engagement and bilateral government-business partnerships for development. Act East policy motivates a minister-led economic engagement through a high-level CEO delegation participating in a business conclave with sectoral sessions on agriculture, manufacturing, IT, health, education, skill development, energy, connectivity, tourism, SEZs and finance, centered on a Government-Business Roundtable to explore public-private partnerships; bilateral ministerial meetings aim to advance sector-specific cooperation and signal India's commitment to partner in the host country's economic and social development.