Connect with us

India

India to open super highway to Burma and Thailand

India is to open a new four lane motorway to allow traders and tourists to drive from its eastern tea state of Assam into Burma, Thailand and eventually Cambodia and Vietnam.

Aishwarya Gupta

Published

on

Both countries signed the Thailand-India Free Trade Agreement Framework on 9 October 2003, covering trade in goods, services, and investment

India is to open a new four lane motorway to allow traders and tourists to drive from its eastern tea state of Assam into Burma, Thailand and eventually Cambodia and Vietnam.

The new “trilateral highway” is aimed at creating a new economic zone ranging from Calcutta on the Bay of Bengal to Ho Chi Minh City on the South China Sea.The first phase of the project was agreed during Indian prime minister Dr Manmohan Singhs visit to Burma this week when he and President Thein Sein set a 2016 deadline to complete a super highway linking Guwahati in Assam to Burmas border with Thailand via Mandalay and the former capital Rangoon.

Both countries signed the Thailand-India Free Trade Agreement Framework on 9 October 2003, covering trade in goods, services, and investment

Both countries signed the Thailand-India Free Trade Agreement Framework on 9 October 2003, covering trade in goods, services, and investment

According to analysts, the road is a key part of a plan to open the “Mekong-India Corridor” to link the worlds second fastest growing market – India – with the new Asian Tiger economies of Indo-China.

Until now plans to open this new economic zone, which bypasses China, the worlds fastest growing economy and superpower, have been hampered by international sanctions against the former military regime in Burma.

via India to open super highway to Burma and Thailand – NY Daily News.

Comments

India

RCEP trade deal hits snag over India’s demand

The 16 Asian and Oceanian countries involved in the regionwide RCEP trade deal have decided to delay the conclusion of that deal until next year.

Olivier Languepin

Published

on

RCEP negotiations hit a snag as India has grown wary of an expected influx of goods from China, with which the South Asian country runs a massive trade deficit.

(more…)
Continue Reading

India

Thailand woos Southeast Asian tourists with shopping campaign

The programme called “Give Me Five” is set to increase shopping among tourists from Cambodia, Laos, Myanmar and Vietnam (CLMV) along with Indonesia, Malaysia and India.

Boris Sullivan

Published

on

The Tourism Authority of Thailand (TAT) has launched a new marketing campaign with the hope of luring 200,000 visitors from seven growing markets in Asia.

(more…)
Continue Reading

India

Marketing and investment strategies in Myanmar, India

To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

National News Bureau of Thailand

Published

on

Marketing and investment strategies in Myanmar, India

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,609 other subscribers

Trending