India extends developmental aid to Myanmar, for this reason

funding is aimed at assistance for development projects on the Indo-Myanmar border.

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.

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