FICCI to hold connectivity summit in NE
Source: The Sangai Express / IANS

Agartala, December 04 2015 : Federation of Indian Chambers of Commerce and Industry (Ficci) will hold regional connectivity summit in all the North Eastern States to boost trade and economy of the region, a top official of the federation said here on Friday.

"The two-day regional connectivity summit was held in Shillong on Nov 16-17.Similar summit would be held in all the remaining North Eastern States to promote the economy of the region and boost trade with the neighbouring and other contagious countries," Ficci's North East Advisory Council chairman Ranjit Barthakur told reporters.

He said: "The North Eastern region has huge resources and potentiality.

Besides, the region has borders with five Nations whose total population is over 3.2 billion and has a vast market.

"Besides China, the North Eastern region shares borders with Bangladesh, Myanmar, Nepal and Bhutan.

India's North Eastern region can flourish its economy by tapping its resources and using the market of these countries," he added.

Barthakur, along with other officials, on Friday met Tripura Chief Minister Manik Sarkar and discussed about holding the next summit in Tripura this year end.

"Half of world's population resides in North East India's adjoining region.

Why should we not tap the huge market for the betterment of the region," he pointed out.

Ficci's North East Council has conducted a survey of the resources and potentiality of the region and suggested an investment of Rs 5 lakh crore to develop connectivity, infrastructure and several viable projects in the region.

Barthakur said North East's geographical proximity to South East and South Asian countries has put the region in advantageous position in respect of trade.

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