Myanmar team bats for boosting border trade
IMPHAL, 21st July: A business delegation of Union of Myanmar, Federation of Chambers of Commerce led by Wang Yu visited Manipur for promoting border trade between Myanmar and Manipur. The team arrived in the state on July 17 and left on July 21. During their stay, the Myanmarese delegation met members of business organisations, firms, entrepreneurs, etc., and discussed about the future of border trade between Manipur and Myanmar in the backdrop of India’s Act East Policy.
Wang Yu met Business Excellence Group (BEG), Manipur; Indo Myanmar Association (IMA); Manipur Chamber of Commerce and Industries (MCCI), Proprietor of KB Enterprises and other important personalities in IT sector. The main purpose of the visit was to find out various business opportunities in border trade between Myanmar and four states of North East India including Manipur. The team visited Manipur as a follow up of the MoU signed between North-East Region of India and Myanmar on June 11 this year for promoting border trade. Nagaland MP Neiphiu Rio; Embassy of India in Myanmar, president of Tamu Border Trade U Lah Maung and other representatives appended their signatures in the MoU.
Wang Yu informed that Myanmar is hosting a Border Trade Business Meet between four NE states and Myanmar during second week of September 2017 at Naypyidaw, Myanmar. A strong 120-member delegation from Manipur, Nagaland, Mizoram and Arunachal Pradesh would be participating in the meet, which would be sponsored by the Myanmar Government.