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NE in BIMSTEC: Economic linkages with Myanmar & B’desh
Nagaland Post | Agencies | | Apr 26 ()
During the third Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Naypyidaw, Myanmar in March 2014, Prime Minister Manmohan Singh urged for an early conclusion of the BIMSTEC Free Trade Agreement (FTA) in goods and its extension to investment and services.
Comprising 99 per cent of the border trade, Moreh-Tamu (Manipur) is the main land customs station (LCS) through which trade between the NER and Myanmar’s border states is conducted. These share similar economic and business structures with the NER, which are largely agrarian and dependent on the export of unprocessed primary commodities
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* This Post is uploaded on April 29, 2014
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