Multilateral checkpoint between Myanmar and India to be built in Tamu

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Officials exchange the signed Memorandum of Understanding-MoU on the project agreement on the construction of a multilateral checkpoint in Tamu.

The Indian Embassy to Myanmar announced on 20 September that a project agreement on the construction of a multilateral checkpoint in Tamu, Tamu District, Sagaing Region was signed on 16 September 2022.
The multilateral checkpoint project will be built with the help of the Indian government, and the Indian officials have already built the multilateral checkpoint in Moreh, India, according to a statement from the Indian embassy.
The construction of a new multilateral checkpoint at the Moreh-Tamu border on the Myanmar side will facilitate trade and travels between India and Myanmar, as Tamu is the northwestern gateway to Myanmar.
The construction of multilateral checkpoints on the border of the two countries will encourage border trade and tourism, and will also improve the socio-economic development of the border regions.
Both Myanmar and India have opened the Tamu-Moreh trade zone at the Myanmar-India border in Sagaing Region for bilateral trade. It was opened on 8 August 2018 in Tamu Township.
Then, due to the high level of COVID-19 epidemic, Myanmar-India border trade zones were closed from March 2020, but the border trade zone (1) and (2) were reopened to import medicine in August 2021.
It is reported that the trade volume between Myanmar and India at the end of July 2022-2023 financial year is US$357.627 million, while the export volume is $179.324 million, and the import volume is $178.303 million. —TWA/GNLM

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