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Myanmar Ambassador calls for increased Indian investments in Myanmar
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Bilateral trade touched USD 1.8 billion FY 2024-25
Myanmar which recently was inducted into the Shanghai Cooperation Organization (SCO) is seeing a greater role in the region and is keen on enhancing its long-standing bilateral relationship with India. The Ambassador of Myanmar to India, Zaw Oo has called for increased Indian investments in Myanmar.
The Ambassador was speaking at the ‘International Resilience Summit 2025’ in Bengaluru, hosted by the Indian Economic Trade Organization (IETO). “Myanmar 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 — particularly in agriculture, pharmaceuticals, infrastructure, and renewable energy,” he said.
India and Myanmar share a long-standing bilateral relationship rooted in history, culture, and geography. This partnership has matured into multifaceted economic cooperation, with bilateral trade reaching USD 1.8 billion in FY 2024–25. India exports pharmaceuticals, refined petroleum products, steel, electrical machinery, and vehicles to Myanmar, while Myanmar exports pulses, timber, natural gas, and agricultural commodities.
With Myanmar’s accession to the Shanghai Cooperation Organization (SCO), the summit underscored fresh momentum for collaboration in infrastructure development, healthcare, education, agri-business, renewable energy, and digital innovation.
Dr. Asif Iqbal, President of IETO, reaffirmed the organization’s commitment to fostering sustainable and inclusive global partnerships. He said “Myanmar’s 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—and particularly Bengaluru — poised to benefit from deeper trade, education, and technology collaborations.”
Prof. Dr. A.V. Srinivasan, AYUSH Commissioner for Africa, in his welcome address highlighted traditional knowledge systems and medical cooperation. James Ngalonde Nhlane, First Secretary of the Republic of Lesotho, praised IETO’s efforts in building global economic bridges, while Dr. M.K. Ramesh, President of the National Medical Commission (MARB), highlighted the critical importance of robust healthcare infrastructure as a foundational element of national resilience and global preparedness.
The summit’s highlight was a panel discussion on “The Future of Global Resilience”, featuring thought leaders from academia, business, biotech, taxation, sports, and social enterprises. Discussions centred on resilient institutions, innovation, and regional cooperation for sustainable growth.
The summit reaffirmed India’s role as a hub for global dialogue, strengthening international partnerships, and offering entrepreneurs a platform to explore markets, showcase innovations, and contribute to a more resilient and sustainable future.
