‘An old friend from East’: PM Modi, Myanmar’s Suu Kyi sign three agreements | india-news | Hindustan Times
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‘An old friend from East’: PM Modi, Myanmar’s Suu Kyi sign three agreements

india Updated: Oct 19, 2016 15:33 IST
PM Modi

Prime Minister Narendra Modi with Myanmar's foreign minister Aung San Suu Kyi before a bilateral meeting in New Delhi.(AP Photo)

Prime Minister Narendra Modi met state counsellor and foreign minister of Myanmar Aung San Suu Kyi here on Wednesday, the concluding day of her three-day visit to India.

“An old friend from the East, a partner in our common progress. PM receives Myanmar State counsellor Daw Aung San Suu Kyi at Hyderabad House,” external affairs ministry spokesperson Vikas Swarup tweeted along with a picture of the two leaders.

Following delegation-level talks headed by Modi and Suu Kyi, the two sides signed some agreements.

“#IndiaMyanmar: Partners in Progress - The two leaders witness exchange of agreements in sectors of power, banking and insurance,” External Affairs Ministry spokesperson Vikas Swarup tweeted.

One memorandum of understanding (MoU) was signed on cooperation in the power sector.

A second MoU was signed on banking supervision between the Reserve Bank of India and the Central Bank of Myanmar while a third MoU was inked for designing an academic and professional building programme for the insurance industry of Myanmar.

On Tuesday, Suu Kyi met President Pranab Mukherjee and external affairs minister Sushma Swaraj.

Though Suu Kyi is not the President as Myanmar’s constitution bars her from the post, the Nobel peace laureate is effectively the de facto leader of the country.

This is the first official visit of Suu Kyi to New Delhi since her National League for Democracy (NLD) assumed power in Myanmar in March this year.

Prior to reaching New Delhi on Monday for the state visit, she attended the BRICS-Bimstec Outreach Summit in Goa on Sunday.

Her visit comes after Myanmar President U Htin Kyaw’s visit to India in August this year.