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India and Burma To Increase Energy Cooperation - 2003-01-22


India and Burma have agreed to increase cooperation in energy and boost bilateral trade.

The foreign minister of Burma, Win Aung, met with his Indian counterpart, Yashwant Sinha, Monday. It marked the first visit to New Delhi by a senior leader from military-ruled Burma since 1987.

An Indian foreign ministry spokesman said the two delegations reviewed energy projects, including hydroelectric power generation.

The spokesman also said Indian experts plan to visit sites in Burma for onshore drilling of oil and gas reserves. He said the two sides already have cooperation in offshore drilling.

The Burmese foreign minister has said his country wants Indian and other foreign investment in telecommunications, information technology and infrastructure.

Burma has had trouble attracting foreign investment because of its poor human rights record and economic mismanagement.

Information for this report is provided by AP and Reuters.

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