Current Affairs - International - Discussion

India and Myanmar signed a MoU for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India's Act East Policy. Once operations commence at this port, it will provide new infrastructure for trade between India and Myanmar. It will enhance job opportunities and development in the entire region, mainly in the Rakhine and Chin States of Myanmar.