Category: Commercial

Streamlined Trade between India and Myanmar

Streamlined Trade between India and Myanmar: New Kyat/Rupee Direct Payment System We are pleased to announce the launch of a new Kyat/Rupee direct payment system to simplify and expedite bilateral trade between India and Myanmar. This initiative, agreed upon by both governments, allows import and export transactions to be settled directly in Rupees using Special Rupee Vostro Accounts (SRVA). Benefits

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THILAWA SPECIAL ECONOMIC ZONE

THILAWA SPECIAL ECONOMIC ZONE About Thilawa Special Economic Zone The Thilawa Special Economic Zone located at 14 miles (23 km) in the South-East of Yangon, which is the biggest commercial city of Myanmar. The construction of all the hard infrastructures inside the zone has commenced since November 2013. The required soft infrastructures are being built up to be in line

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