Myanmar cleared bulk of $ 11.3B in outstanding foreign debts . Myanmar reached agreements with Paris Club creditors , World Bank , ADB . - May : China and India signed a new agreement on trade that will allow Indian goods to be sold at lower prices than Chinese goods.
Myanmar cleared bulk of $ 11.3B in outstanding foreign debts . Myanmar reached agreements with Paris Club creditors , World Bank , ADB . Paris Club agreement cancels at least 50 % of further $ 4.4B in bilateral debt .