India-Myanmar-Thailand Trilateral Highway Project to be extended to Cambodia, Lao PDR and Viet Nam

India-Myanmar-Thailand Trilateral Highway Project to be extended to Cambodia, Lao PDR and Viet Nam

We reiterated our intention to work towards the completion of the India-Myanmar-Thailand Trilateral Highway Project and its extension to Cambodia, Lao PDR and Viet Nam, said a source from the statement of the 16th ASEAN-India Summit in Bangkok, Thailand.
The Trilateral Highway project includes three new major bridges, repair and strengthening of four existing major bridges, two new minor bridges, reconstruction of six existing minor bridges, repair and strengthening of nine existing minor bridges, reconstruction of 226 existing culverts, 20 bus bays and passenger shelters besides one rest area, according to the statement.
We emphasized the need to enhance ASEAN-India collaborative efforts in countering terrorism, radicalization, violent extremism, and transnational crimes, and the need to strengthen cooperation on cyber security through supporting the implementation of the ASEAN Cyber security Cooperation Strategy and the ARF Work Plan on Security of and in the Use of Information and Communication Technologies.
We underscored the importance of further strengthening trade and investment between ASEAN and India in order to achieve the trade target of 200 billion USD by 2022.We reaffirmed that the full and effective utilisation of the ASEAN-India Free Trade Area (AIFTA) will not only contribute to the realisation of our 2022 trade target but also to the promotion of sustainable and inclusive economic growth. We noted the decision of our Economic Ministers in September 2019 to initiate the review of the ASEAN-India Trade in Goods Agreement (AITIGA) to make it more user-friendly, simple, and trade facilitative for businesses, and constitute a Joint Committee for this purpose. ASEAN Leaders welcomed the conclusion of the Regional Comprehensive Economic Partnership (RCEP) negotiations and the commitment to sign the RCEP Agreement in 2020.
16th ASEAN-India Summit is one of the 35th ASEAN Summit and Related Summits, attended by ASEAN leaders and Indian PM Modi.
Moreover, Indian PM Modi privately met State Counsellor Daw Aung San Suu Kyi during the days of ASEAN Summit and Related Summits. The spokesperson of Indian Ministry of External Affairs commented on his twitter the meeting of Indian PM Modi and Daw Aung San Suu Kyi was productive.

Edited by WH

Source: https://elevenmyanmar.com/news/india-myanmar-thailand-trilateral-highway-project-to-be-extended-to-cambodia-lao-pdr-and-viet