India-Myanmar Leaders Review Bilateral Ties

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India-Myanmar Leaders Review Bilateral Ties

GS Paper IIBilateral RelationsInternational
India-Myanmar Leaders Review Bilateral Ties

The Prime Minister of India and the President of Myanmar review bilateral, regional, and global issues of mutual interest, including AI and Space. Both nations welcome the steady growth of the Rupee-Kyat settlement mechanism, which has been operationalized in 2024 to facilitate easier bilateral trade.

India-Myanmar Relations: 

Dimension Key Details
Leaders involved The Prime Minister of India and the President of Myanmar review bilateral ties.
Issues discussed The review comprises bilateral, regional, and global issues of mutual interest, including AI and Space.
Trade settlement mechanism The Rupee-Kyat settlement mechanism has been operationalized in 2024 to facilitate easier bilateral trade.
Policy linkage Myanmar lies at the confluence of India’s Neighbourhood First, Act East, and MAHASAGAR policies.
Connectivity projects Connectivity comprises the India-Myanmar-Thailand Trilateral Highway and the Kaladan Multi-Modal Project.
Border length India and Myanmar share a 1,643 km long border.
Security concerns Security cooperation provides for managing ethnic cross-border insurgencies, and checking arms and narcotics smuggling from the Golden Triangle into northeastern states.
Cultural linkage Cultural soft power comprises deep-rooted historical ties built around shared Theravada Buddhist heritage.
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Attempt Possible Qs

Q 1 / 4

With reference to the Rupee-Kyat settlement mechanism, consider the following statements:

1. It has been operationalized in 2024.
2. It is intended to facilitate easier bilateral trade between India and Myanmar.

Which of the statements given above are correct?