Tribune News Service
New Delhi, October 3
After touching base with Sri Lanka, Bangladesh and the Maldives, Foreign Secretary Harsh Vardhan Shringla and Chief of Army Staff Gen MM Naravane will visit Myanmar for two days from Sunday, as Indian seeks to review and consolidate security and developmental partnership issues with its neighbourhood.
The Foreign Secretary and the Army Chief will call on State Counsellor Aung San Suu Kyi and Commander-in-Chief of the Myanmar Armed Forces, Senior Gen Min Aung Hlaing.
The visit by the two officials, an unusual combination on a diplomatic visit as far as India is concerned, will be attempting to consolidate ties on four vectors.
Under the Border Area Development Programme, India has extended $5 million annual assistance being provided to Myanmar since 2012 till 2022. The programme has seen the successful implementation of around 140 largely community development projects. Undertaken in Chin State and Naga Self-Administered Zone, both sides will now identify projects to be undertaken in the next cycle.
India and Myanmar have also been cooperating in a number of other developmental projects, especially the Kaladan Multi-Modal Transit Transport Project and Trilateral Highway connecting India, Myanmar and Thailand.
With an investment of over $1.2 billion, Myanmar has the highest Indian investment from a South Asian country. Recently, India approved an investment of over $ 120 million in the Shwe Oil and Gas project. Indian PSUs are active in the upstream and midstream sector. ONGC Videsh, Indian Oil and GAIL have opened offices in Yangon and OVL and GAIL have stakes in Shwe Gas Field. GAIL is exporting petrochemical products to Myanmar.