Myanmar's parliament has elected Senior General Min Aung Hlaing as president, reinforcing military dominance since the 2021 coup. Alongside him, U Nyo Saw and Daw Nan Ni Ni Aye were appointed as vice presidents, with U Nyo Saw expected to influence economic policy and Daw Nan Ni Ni Aye focusing on ethnic reconciliation. India, sharing a 1,600-km border with Myanmar, is closely monitoring these developments. New Delhi aims to bolster bilateral ties, emphasizing a multifaceted approach that includes political engagement alongside security measures. Experts highlight the need for meaningful dialogue to achieve lasting peace in Myanmar. Trade relations have flourished, with bilateral trade reaching $2.15 billion in FY25, reflecting a 22.9% growth. India is Myanmar's fourth-largest trading partner, with pulses making up 77% of Myanmar's exports to India. Additionally, India is exploring cooperation in mining, particularly in rare earths, and has initiated a rupee-kyat settlement mechanism to facilitate trade.