 July 2024The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Foreign Ministers' Retreat drew to a close on 11-12 July 2024, as foreign ministers gathered to strengthen cooperation among the BIMSTEC member countries. Mr. Subrahmanyam Jaishankar, India External Affairs Minister, lauded the retreat, describing it as "productive" and the meetings "highly useful." Read More Tags: India, BIMSTEC, Regional Cooperation, Trade, Energy, Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka, Thailand |
 May 2022The Governments of Bhutan and Thailand have agreed to sign a bilateral trade agreement during the fourth Joint Trade Committee Meeting. They also agreed to enhance total bilateral trade to $120 million by 2025, and renew the existing MoU on tourism and handicraft cooperation. Read More Tags: Bhutan, Thailand, Trade, Agriculture |
 December 2021The Ministry of Transport of Thailand has released a route map for its national shipping line. The route is part of the country's plan to connect the Southern Economic Corridor with a land bridge linking Chumphon on the eastern coast of the Gulf of Thailand to Ranong on the Andaman Sea, which will serve as a transit port connecting the Pacific and Indian Oceans. Read More Tags: Thailand, BIMSTEC, Economic Corridor Development |
 August 2019Thailand and India have signed a memorandum of understanding that will promote a new maritime route between Thailand’s Ranong Port and India’s Krishnapatnam Port. The deal is part of Thailand’s policy to strengthen trade with Bangladesh, India, and Sri Lanka under the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) framework. Read More Tags: BIMSTEC, Bangladesh, India, Sri Lanka, Thailand, Trade |
 September 2018The Government of Thailand aims to increase bilateral trade with India by developing Ranong port. According to Mr. Tharadol Thongruang, Minister Counsellor (Commercial), Office of Commercial Affairs, Royal Thai Embassy in New Delhi, India, using Ranong port for trade with India’s Kolkata and Chennai ports will reduce distance between the two countries and boost trade. Read More Tags: India, Thailand, Southeast Asia, South Asia, Ports, Shipping, Trade, Connectivity |
 August 2018The author highlights how fast-paced infrastructure development could help unlock competencies of India’s northeast region. With the Government of India's focus on promoting the northeastern region as a key trade gateway, projects such as the 1,400 kilometer India-Myanmar-Thailand highway and the SASEC Road Connectivity project, promises to boost the country's trade and commerce, and enhance India’s logistics capabilities. Read More Tags: India, Myanmar, Thailand, SASEC, Road, Logistics |
 August 2018Mr. Chandra Mohan Patowary, Industries and Commerce Minister of Assam, India, emphasized the State Government's commitment to reopening air cargo trade routes to increase the state's economic prosperity. The Assam government plans to link its largest city, Guwahati, to the seven capital cities of the Association of Southeast Asian Nations (ASEAN) under the Regional Connectivity Scheme. He also shared that the Assam Industrial Development Cargo is working on an air cargo terminal project Read More Tags: India, ASEAN, Trade, Connectivity, Myanmar, Thailand |
 May 2018Plans are being drafted to turn Silchar, a city in Assam, India, into a logistics hub. Multimodal transport linkages from Silchar to Myanmar and to Bangladesh are being considered, in line with the Government of India's "Act East" policy. These will decongest Guwahati and place Silchar at the forefront of growing economic relations between India's northeastern states and Bangladesh and the countries in Southeast Asia. Read More Tags: India, Act East Policy, Myanmar, Bangladesh, Thailand, Economic Corridor Development |
 May 2018The BIMSTEC Working Group on Customs Cooperation held its first meeting on 10-11 May 2018 in New Dehi, India. The Meeting discussed progress in customs cooperation among BIMSTEC countries, and finalized the draft text of the 'Agreement on Cooperation and Mutual Assistance in Customs Matters' for the BIMSTEC Free Trade Area. Read More Tags: BIMSTEC, Customs, Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, Thailand, Trade |
 April 2018The Government of Bangladesh will sign a free trade agreement (FTA) with the Government of Thailand, according to Commerce Minister of the Government of Bangladesh Tofail Ahmed. The FTA promises to boost trade between the two countries, which stands around $2 billion. Read More Tags: Bangladesh, Thailand, FTA, Trade, Imports, Exports |
 April 2018The National Highways Authority of India signed on 11 April 2018 an agreement to widen the Yagyi-Kalewa section of the India-Myanmar-Thailand Trilateral Highway. Construction is also underway for the Imphal-Kangchup-Tamenglong road under the SASEC Road Connectivity Investment Program. These projects will improve the flow of vehicular traffic and enhance trade, health services, and tourism in India, Myanmar, and Thailand. Read More Tags: India, Myanmar, Thailand, SASEC, Transport, Road |
 March 2018Bangladesh's 'Look East Policy' and Thailand's 'Look West Policy' could be synchronized to create new trade and economic connectivity corridors, according to Thailand Prime Minister Prayut Chan-o-chaon during a meeting with Bangladesh Foreign Minister AH Mahmood Ali. They discussed a range of bilateral cooperation, including shipping, trade, energy, and those under BIMSTEC. Read More Tags: Bangladesh, Thailand, Shipping, Energy, Trade, Transport |
 September 2017India has formed the India-Myanmar Chamber of Commerce (IMCC) in Yangon to increase trade between the two countries, which currently stands at around $2 billion. IMCC will focus on helping Indian business invest in Myanmar and vice versa. Read More Tags: Agriculture, Exports, Imports, India, Infrastructure, Renewable Energy, Small and Medium Enterprises, Thailand, Trade, Transport |
 April 2017India's Union Cabinet, chaired by Prime Minister Narendra Modi, approved the ratification of the MOU for the Establishment of the BIMSTEC Grid Interconnection. The MOU is expected to be signed at the next BIMSTEC Energy Minsters' Meeting and provides a broad framework for energy trade among BIMSTEC member countries. Read More Tags: BIMSTEC, Bangladesh, Bhutan, Connectivity, Energy, India, Myanmar, Nepal, Sri Lanka, Thailand |
 December 2016An India-Myanmar-Thailand Friendship Motor Car Rally, beginning in New Delhi, India and culminating in Bangkok, Thailand, has highlighted potential benefits of intra-regional connectivity and integration, and sensitized stakeholders on the all-weather road that will make travel from New Delhi to Bangkok by road possible. Read More Tags: India, Myanmar, Thailand, IMT-MVA, Transport, Road |
 October 2016The Second Meeting of Maldives-Thailand Joint Trade Committee agreed to increase bilateral trade and investment between the two countries, and pursue cooperation in tourism, fishing, labor, and health. The Government of Maldives also agreed to lift tariffs on imported goods from Thailand. Read More Tags: Maldives, Thailand, Trade |
 August 2016The Bhutan-Thailand Joint Trade Commission held its first meeting on 24-25 August 2016 in Thimphu, Bhutan, to discuss ways to increase bilateral trade and improve economic cooperation. Ms. Apiradi Tantrapon, Minister for Commerce, Thailand, emphasized that implementing the 2013 bilateral trade and economic cooperation agreement is key to strengthening economic relations. Read More Tags: Bhutan, Thailand, Trade |
 July 2016Talks to implement a regular bus service between India and Thailand through Myanmar are underway as part of a Motor Vehicle Agreement being finalized by India, Myanmar, and Thailand (IMT). The service would run on the 1,400 kilometer IMT Trilateral Highway linking South and Southeast Asia. Read More Tags: India, Myanmar, Thailand, Trade Facilitation, Transport |
 June 2016India and Thailand have agreed to speed up talks on the India-Thailand Free Trade Agreement and bilateral investment treaty. The two countries also agreed to fast-track infrastructure projects linking each other, such as the Asian Trilateral Highway connecting India and Thailand through Myanmar. Read More Tags: India, Thailand, Myanmar, Free Trade Agreement, Trade |
 May 2016A 1,400 kilometer highway will soon connect South and Southeast Asia by linking India with Myanmar and Thailand. Mr. Bhagwant Singh Bishnoi, Indian Ambassador to Thailand, noted that the tri-nation highway exemplifies India's "Act East" policy, and will facilitate transit of goods and further development of SMEs in north India. The three countries are currently working to finalize negotiations for the groundbreaking India-Myanmar-Thailand Motor Vehicle Agreement. Read More Tags: India, Myanmar, Thailand, Trade Facilitation, Infrastructure, Small and Medium Enterprises |
 March 2016Thailand is proposing a Free Trade Agreement with Sri Lanka, according to Thailand Deputy Prime Minister for Economic Affairs, Dr. Somkid Jatusripitak. The two countries have signed 3 memorandums of understanding and letters of intent to triple their bilateral trade by 2020, bringing it from $500 million to $1.5 million in 5 years. Read More Tags: Thailand, Sri Lanka, Bilateral Trade, Free Trade Agreement |
 February 2016A delegation from the Port Authority of Thailand and officials from Bangladesh's Ministry of Shipping held the first official discussion on direct coastal shipping connectivity between Bangladesh and Thailand. The two countries agreed to carry out a feasibility study on the Chittagong Port, with the aim of signing a memorandum of understanding. Read More Tags: Bangladesh, Thailand, Transport |
 December 2015A total of 69 bridges will be built by the Government of India along a major road link of the India-Myanmar-Thailand (IMT) Trilateral Highway in Myanmar. These bridges will be part of the route for a proposed bus service linking Imphal, capital of the Indian state of Manipur, with Mandalay City in Myanmar. The project is estimated to cost around $56 million, and is due for completion in mid-2019. Read More Tags: India, Myanmar, Thailand, Trade Facilitation, Transport |
 November 2015Trial runs to test the effectiveness of the India-Myanmar-Thailand (IMT) Motor Vehicle Agreement and identify implementation-related issues will begin by December 2015, according to India's Union Road Transport and Highway Secretary Vijay Chibber. Protocols for the IMT MVA are currently being finalized, to be signed by early April 2016. Read More Tags: India, Myanmar, Thailand, Trade Facilitation, Transport |
August 2015 The Myawaddy-Thin Gan Nyi Naung-Kawkareik section of the Asian Highway linking India, Myanmar, and Thailand (IMT) has become operational, reducing travel time between Thin Gan Nyi Naung and Kawkareik from 3 hours to 45 minutes. This section was constructed beginning 2012 with the assistance of Thailand, and is part of the Greater Mekong Subregion Program. Read More Tags: India, Transport, Myanmar, Thailand |
 March 2012 |
