H.E. U Minn Minn, Deputy Minister for Ministry of Commerce, Myanmar met with Shri Jitin Prasada, Union Minister of State of Commerce & Industry, Government of India, on Friday 14th February 2025 in Vanijya Bhawan, New Delhi. Senior officials from both the sides were also present in the meeting.

Emphasising on the potential for enhanced bilateral trade, the Ministers discussed possibilities in areas of Pharmaceuticals, Pulses & Beans, Petroleum products and greater use of the recently launched Rupee-Kyat Trade Settlement Mechanism to foster mutual growth.

During the meeting both the leaders deliberated on the potential areas of collaboration to promote bilateral trade and also acknowledged the importance of resuming border trade through roads and agreed to take steps on this issue.

Rupee-Kyat trade settlement mechanism initiative to deepen bilateral trade and resume cross-border road trade cooperation. Ministers prioritized cooperation in Pharmaceuticals, Pulses and Beans, and Petroleum products, and agreed to promote market access and supply-chain linkages. They emphasized use of the Rupee-Kyat Trade Settlement Mechanism to facilitate bilateral transactions and committed to restore and streamline cross-border road trade by addressing procedural, transport and customs coordination needed to operationalize border trade routes.