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India, Myanmar discuss ways to promote trade through local currencies

By Economic Times - 2 months ago
India and Myanmar discussed promoting bilateral trade using local currencies, rupee and kyat, during a meeting between Commerce Minister Piyush Goyal and Myanmar's Minister Kan Zaw. The talks also covered cooperation in areas like lentils, diesel, gasoline, and electric vehicles. India-Maynmar bilateral trade stood at USD 1.75 billion in 2023-24.

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