AGP Executive Report
Last update: 5 hours agoIndia-Myanmar Trade Push: Myanmar President U Min Aung Hlaing’s India visit is driving fresh economic talks, with both sides agreeing to deepen trade via the Rupee-Kyat settlement mechanism and expand cooperation in agro-processing, petroleum, energy and mining. Banking & Payments: The RBI meeting focused on faster, smoother payment systems and direct Rupee-kyat payments for trade. Connectivity Projects: Leaders reiterated the need to complete stalled regional links like the Kaladan Multi-Modal Transit Transport Project and the India-Myanmar-Thailand Trilateral Highway. Security Assurance: Modi and Hlaing also stressed border security and pledged Myanmar territory won’t be used against India’s security interests. Port & Logistics: In Mumbai, Hlaing visited JNPA and reviewed India’s Vadhvan Port project, signaling stronger maritime cooperation. Energy Deal Spotlight: Sungrow announced commercial operation of a 110MW PV + 20MW/40MWh solar-storage project in Myanmar after rapid commissioning. Aviation Link: Saudia signed an agreement with Myanmar Airways International to expand Jeddah/Madinah–Yangon travel via regional hubs. Regional Crime Cooperation: A Mekong-focused seminar highlighted cross-border online fraud and cyber scam risks, calling for stronger regional coordination.
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