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India and Myanmar discuss future of pharmaceutical industry in Yangon

India and Myanmar discuss future of pharmaceutical industry in Yangon

The Stara day ago
YANGON: The Embassy of India in Myanmar, in collaboration with the India-Myanmar Chamber of Commerce and Industry (IMCCI), hosted the "PHARMA CONNECT 2025" event on the evening of July 25 at the Pan Pacific Hotel on Shwedagon Pagoda Road, Yangon.
The event featured a panel discussion titled "Challenges and Way Forward in Myanmar's Pharmaceutical Industry," focusing on the development of the domestic pharmaceutical manufacturing sector. Key officials from related sectors participated in the discussion.
Notable attendees included Union Minister for Health Dr. Thet Khaing Win, Indian Ambassador to Myanmar Shri Abhay Thakur, IMCCI President Naresh Kumar Dinodiva and senior officials and invited guests.
The panel discussion was joined by the Director Generals of the Ministry of Investment and Foreign Economic Relations, the Department of Commerce and the Department of Food and Drug Administration, as well as representatives from the Myanmar Federation of Chambers of Commerce and Industry and the IMCCI. - Eleven Media/ANN
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Underlining the importance of the Maldives for India, Modi, who was on a two-day visit to the Maldives from July 25 to boost trade and defence ties, called the island nation a 'true friend' of India. He and Maldivian President Mohamed Muizzu officially opened the Maldives National Defence Force's new office building, which was constructed with funding from India, on July 25. India has also offered a US$565 million line of credit to the Maldives. India has been alarmed by China's increasing incursions into the Indian Ocean. A 2024 report by the Centre for Strategic and International Studies, a Washington-based think-tank, on China's dual-use research operations in the Indian Ocean said that the country 'is undertaking sweeping efforts to transform its navy into a formidable 'blue water' force capable of projecting power far beyond its shores', like in the Indian Ocean. It noted that between 2020 and 2024, 13 Chinese research vessels with 'concerning organisational ties' were active in the Indian Ocean region. India and China have a complicated relationship due to a row along several sections of their de facto border. Of late, the two countries have moved to improve ties, but distrust remains, with India wary of China's growing clout in South Asia and among the Indian Ocean littoral states. India is also seeking to greatly expand its naval footprint, with 59 warships now being built in Indian shipyards, according to Indian media sources. Additionally, plans are afoot for building a further 31 warships, including submarines. The question remains whether India, which is a net security provider in the Indian Ocean, can counter the growing Chinese presence effectively. Suyesha Dutta, an independent foreign policy analyst based in New Delhi, noted that India could do more to counter China in the region. 'India has certainly laid a strong foundation in the Indian Ocean, but it needs to elevate its approach to effectively counter China in the region,' she said. 'This requires deepening economic and infrastructural ties with littoral states to offer viable alternatives to China's 'quid pro quo' diplomacy, investing in advanced maritime domain awareness technologies, enhancing multilateral cooperation beyond existing forums, and developing agile, forward-deployed logistical capabilities to solidify its primacy in the region.' In 2024, India and Mauritius, which is in the Indian Ocean close to Madagascar, inaugurated an airstrip and a jetty, financed by India, on the tiny island of Agalega. Mauritius' then Prime Minister Pravind Jugnauth has repeatedly denied allegations that Agalega would serve as a military base for India. 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