Amid international focus on Rohingya crisis, India has extended a USD 5 million aid to Myanmar.
The funding is aimed at assistance for development projects on the Indo-Myanmar border.
India’s Ambassador to Myanmar Vikram Misri handed over a cheque of USD 5 million to Myanmar’s Minister for Border Affairs, Lt General Ye Aung at a ceremony on Monday.
Under the 2012 Border Region Development agreement, Indian government is extending USD 5 million micro development assistance every year for five years for projects on India-Myanmar border.
“Friendship Project|Amb @VikramMisri handed over US$ 4.95 Million Ceremonial Cheque to Union Minister for Border Affairs, Lt. General Ye Aung as India’s assistance to Myanmar’s Border Area Development
Project,” Misri tweeted.
India and Myanmar signed a Memorandum of Understanding for border development in May 2012.>