Summary:
GUWAHATI: The India-ASEAN trade in the year 2017-18 stood at $81.33 billion, registering a jump of 13.64% over the year 2016-17, stated Minister of Development of North-Eastern Region (DoNER) Dr Jitendra Singh in written reply to a question in Lok Sabha on Wednesday. India has disbursed around $ 1.04 billion in grant projects, and has extended concessional loans of $ 478.9 million from India's LOC amount of around US $750 million to Myanmar. Projects on grant funding include connectivity infrastructure projects like Kaladan Multi Modal Transit Transport Project, upgradation of 69 bridges and building the Kalewa Yargi road segment on the Trilateral Highway. Our line of credit projects include purchase of railway engines and rolling stock, establishment of data link, telecommunication projects etc., the minister said in his reply to the House. (PIB)Also Read: 'Soft connectivity key to India-ASEAN ties'.