Myanmar and India extend MoU on black gram, pigeon peas trading
A ceremony for the Exchange of Letters extension of Memorandum of Understanding (MoU) on cooperation in the trade of black gram and pigeon peas between Myanmar and India was held yesterday evening at the Parkroyal Hotel in Nay Pyi Taw.
Deputy Minister for Commerce U Min Min and Indian Minister of State for External Affairs Mr Kirit Vardhan Singh made remarks at the event.
Permanent Secretary U Aung Thwin Oo and Indian Ambassador to Myanmar Mr Abhay Thakur exchanged the Exchange of Letters on the extension of black gram and pigeon peas trading.
The MoU signed between the Ministry of Commerce of Myanmar and the Ministry of Consumer Affairs, Food and Public Distribution of India was extended to further five years until the 2030-2031 financial year.
Under this agreement, Myanmar will be allowed to export annually up to 250,000 tonnes of black gram and 100,000 tonnes of pigeon peas to India. This extension is expected to enhance confidence among Myanmar’s farmers, traders, and exporters in their production and export activities. Moreover, it can also strengthen bilateral relationships and mutual understanding between the two countries, and also create good outcomes and new pathways for cooperation in development measures.
After the ceremony, the dinner was served for the delegation led by the Indian Minister of State for External Affairs. — MNA/KTZH
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