Myanmar`s `new path` will strengthen ties: India

Last Updated: Wednesday, February 15, 2012 - 15:58

New Delhi: With Myanmar taking steps to
restore democracy, on Wednesday India said that the new path charted by it
would help strengthen ties between the two countries and
enable increased investment from Indian companies there.

"I have no doubt that as Myanmar continues on its new path
charted out by its leaders, the strong ties between our two
countries will only deepen and strengthen even further,"
Foreign Secretary Ranjan Mathai said at a function.

He said as the "destinies" of the two countries are
closely linked both on land and on the sea, "a new identity
will be created" in the region with enhanced economic and
cultural ties.

"We are conscious of the need for greater land, air and
sea connectivity between our two countries to facilitate
trade. But as investment climate in Myanmar improves and
connectivity improves, Indian companies are bound to invest in
a variety of sectors," he said.

He said Indian business companies are actively assessing
opportunities in Myanmar and the Indian government was happy
to collaborate with Indian business for the enterprise Indian
show held in Yangon in 2011.

Stating that people-to-people contact is another area of
focus with Myanmar, Mathai noted the government have extended
support to Buddhist pilgrims from Myanmar and is also trying
to encourage more tourist visits by extending tourist visa on
arrival scheme for the nationals from the country.

"We hope to soon sign a cultural exchange programme which
will systematise cultural interaction between our two
countries," he said.

PTI



First Published: Wednesday, February 15, 2012 - 15:58

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