EEPC India invites you to participate in its 28th INDEE in Yangon, Myanmar from 13 to 15 March 2014.
The EEPC India delegation will be led by Dr E M S Natchiappan, Minister of State for Commerce and Industry, Government of India.
INDEE Myanmar will also have seminars on:
THINK INDIA FOR ENGINEERING! ... Indian Engineering comes to Myanmar!
Why Myanmar ?
MYANMAR is located in the eastern part of the Asian con-tinent, in a geographical area rich in natural and mineral resources, which provides significant economic poten¬tial.The country borders Bangladesh, China, India, Lao PDR and Thailand and is member-state of the Association of South East Asian Nations (ASEAN). For more than five decades, however, Myanmar has been subject to a political and economic crisis that has alienated it from the international community and made it one of the `least developed na¬tions` in the world.
India`s Look East Policy is a great start¬ing point for us to build closer economic relations with Myanmar. The two countries can work together in a large number of countries particularly as Myanmar can serve as a bridge between India and ASEAN and India and China to promote trade in the region.
While Myanmar earned a record high of US$3.563 billion from the export of natural gas in 2011-12, it`s trade value in 2011-12 rose to a record high of US$18.15 billion. Myanmar`s global trade has achieved a marginal increase during 2011 as compared to 2010. In 2011 the govern¬ment took initial steps towards reforming and opening up the economy by lowering export taxes, easing restrictions on its financial sector, and reaching out to international organizations for assistance. Myanmar`s export to India was US$1,046 million in 2011-12, which is a 20 percent increase from the previous year. India exported US$324.5 million worth of goods to Myanmar which is an increase of 66.5 percent from the previous year. The total trade volume in 2012-13 has already reached US$2 billion and it is expected that the target of US$3 billion during 2015 will not only be achieved but also surpassed.
Weather at Myanmar