India may halt imports of green beans and corn from Myanmar in the next fiscal year.

According to the five-year memorandum of understanding between the two countries, India allowed the special import of 250,000 tons of pulses and 100,000 tons of black gram from Myanmar from the 2021-22 fiscal year to the current 2025-26 fiscal year. However, according to government sources, India has allowed unrestricted imports of pulses and black gram since May 2021, and the quantity of pulses and black gram imported from Myanmar has exceeded the agreed-upon amounts every year. In the 2024-25 fiscal year, the trade volume between India and Myanmar reached $2.1 billion, with India's exports to Myanmar amounting to just over $614 million, while imports from Myanmar were approximately $1.533 billion. It is reported that the growth in Myanmar's exports to India has exceeded India's exports to Myanmar, due to the Indian government's announcement of allowing unrestricted imports of pulses and black gram until March 31, 2025, which was later extended to March 31, 2026. Total trade ...