More Indian investments expected with better connectivity, bilateral ties
News Type: Marketing News
With a target of becoming a US$5 trillion economy within the next six years, India could overtake the UK to become the world’s fifth biggest economy this year and even surpass Japan to be the third largest in 2025, IHS Markit noted in a report this month.
As the only ASEAN member state to share a border with India, Myanmar is poised to benefit from its neighbour’s expansion plans and policies.
“The growing connectivity and good political exchange between the two countries - Myanmar is the only country where India’s Act East Policy and Neighbourhood First policy converge - will provide the momentum needed to strengthen economic ties and see Myanmar growing along with India,” said Saurabh Kumar, Ambassador of India to Myanmar.
Source From：The Myanmar Times
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