Meeting held to deliberate on Trade & Commerce between India and Myanmar
Source: The Sangai Express

Tengnoupal, May 10 2019: A meeting deliberating the present situation of trade and commerce between the Myanmar and India was held at the Border Trade Chamber of Commerce, Tamu office today.

The meeting was attended by Economics Professor, Manipur University Dr Priyoranjan and experts from both the countries.

Consulate general of India to Mandalay Bhaisora Nandan, Research and Information System for Developing Countries coordinator Dr Prabir De, Assistant Professor Dr Priyadarshni and Consultant at Asean India Centre Dr Drurairaj Kumarasamy, Border Trade Chamber of Commerce Moreh president V Shekhar were present in the meeting apart from dignitaries of Myanmar.

Speaking to media persons, V Shekhar remarked that, when India questioned about the difficulties/hindrances faced by Myanmar in conducting trade and commerce, the neighbouring country responded that zero tax was imposed while importing betel nut in the Import-Export MoU signed between the two countries way back but India has been imposing 40 percent tax importing the nut without the knowledge of Myanmar which greatly affected the traders.

The dignitaries concerned urged the Central Government to reduce the tax to only 5-10 percent.

Tamu DC, who was present in the meeting, conveyed that when Myanmar nationals enter India, necessary security procedures are taken up at the ICP Moreh.

However, the Assam Rifles checkpost along Moreh-Imphal road has caused inconveniences to the Myanmar nationals.

Meanwhile, the DC went on to state, when an Indian national enters Myanmar, the individual has to only hold an E-Visa and go through the security check at the checkpoint near Indo-Myanmar Friendship bridge.

The dignitaries further expressed the desire to hold a post level meeting on Indo-Myanmar trade development every month or every after three months.

On the other hand, Professor Dr Prabir De, who was one of the members representing India at the meet, stated that the matters will be thoroughly discussed with the authority concerned so that remedial steps are taken up at the earliest.

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