India and Myanmar are in talks to restore road-based border trade, aiming to strengthen economic ties and enhance connectivity between the two neighboring nations. The discussions focus on reopening key border trade points, including Moreh-Tamu and Zokhawthar-Rikhawdar, which have been affected by security concerns and political instability in Myanmar.
The revival of road-based trade is expected to boost bilateral commerce, benefiting industries such as agriculture, textiles, and manufacturing. Improved trade routes would facilitate the movement of goods and services, enhancing economic opportunities for businesses and local communities in the northeastern states of India.
Strategically, the initiative aligns with India’s Act East Policy, which seeks to strengthen trade and connectivity with Southeast Asia. The Indian government is keen on expanding infrastructure at border crossings, ensuring smoother customs processes, and increasing security cooperation to facilitate seamless trade.
However, challenges such as border security, regulatory frameworks, and infrastructure development need to be addressed for successful implementation. Both nations recognize the mutual benefits of enhanced trade and are exploring measures to ensure stability and economic growth in the region.
Restoring road-based border trade could serve as a significant step in fostering stronger economic and diplomatic relations between India and Myanmar.