India has called for immediate phasing out of sanctions against Myanmar. Foreign Secretary Ranjan Mathai said at the United Nations that the international community should extend all possible support to Yangon's new civilian government to help speed up economic development in the country which had faced economic isolation under years of military rule. He said, as a close and friendly neighbour of Myanmar, India remains committed to extending all possible assistance and support to the process of national reconciliation and further strengthening of democracy in Myanmar.

He said, India is also working closely with Myanmar on various infrastructure and development cooperation projects, with particular attention to capacity building and human resource development.

Meanwhile, the President of Myanmar Thein Sein has said he would accept the opposition leader Aung San Suu Kyi as a future elected president if the people vote for her. He said the will of the people would be respected whoever they chose in an election due in 2015. Thein Sein, a former leader of the military junta that ruled Myanmar for decades, has overseen a dramatic shift towards a civilian-led government.