NE-Yangon trade meet scheduled

Imphal, Aug 23 : North East India and Myanmar Trade and Investment Conclave would be held at Mandalay and Yangon from September 13 to 16 under the joint initiative of the Indian Chamber of Commerce and Union of Myanmar Federation of Chamber and Commerce.

Traders, Ministers and officials from the Northeastern States would be attending the conclave which would be organised with the objective of strengthening and promoting trade relations and investments between India and Myanmar.

For Manipur, a team led by Deputy Chairman of State Planning Board, MLA Bijoy Koijam and Principal Secretary (Industries) O Nabakishore would be attending the conclave.

Notably, trade items between the two countries through Moreh and Tamu have been increased to 44 from the initial list of 22 .

New items included in the trade agreement include bicycle parts, life saving drugs, fertilizers, insecticides, cotton fabrics, steel products, menthol, agarbatti, spices, cosmetics, leather footwears, paints and varnishes, sugar, salt, mosquito coil, bulb, blades, X-ray paper and photo paper.

Meanwhile, Ambassadors of South East Asian Nations who are scheduled to visit Manipur this month has been deferred to the next month. The Ministry of DoNER has already sponsored a Myanmarese cultural troupe throughout the North East region.

The trade conclave will come in the backdrop of the Union Ministry of Consumers Affiars, Food and Public Distribution, giving the go ahead signal to the State Government to import 30,000 metric tonne of rice from Myanmar under the provision of Foreign Trade Policy, 2009-14 .

The Manipur Industrial Development Corporation, will be entrusted to over see the import of rice.

Ever since cross border trade was formally given the green signal, way back in the mid-early parts of the 90s, trade between the two countries, have seen its share of ups and downs.

However on a brighter side, there has been a significant increase in the number of goods that come under the trade agreement between the two countries.

At present, Manipur relies on Myanmar for products such as garlic and others.