Border trade
Source: The Sangai Express
Imphal, October 08 2014:
With an aim to promote international trade and investment in Manipur, a Confederation of International Traders' Organisation (CITO) represented by eight different trade bodies of the State has been set up, reports NNN.
Announcing this to the media here on Wednesday, P Loken, president, Manipur Foreign Trade Chambers of Commerce & Industries, a constituent of CITO, said a meeting of the organisation held on October 4 jointly decided to put three charter of demands before the authority concerned for development and promotion of international trade and investment.
The charter of demand are setting up of a separate directorate for trade and commerce in the Department of Commerce and Industries, separate trade and investment policy for the State to encourage foreign investment and to speed up the delayed and controversial construction of the proposed Integrated Check Post, besides key infrastructural development to boost Indo-Myanmar border trade and beyond, he said.
He said a missing link prevails in between the policy makers and trading community in Manipur at large and highlighted the need for a direct coordination between the traders and the policy makers.
Loken added that special attention is required to boost the Indo-Myanmar border trade and beyond in the context of infrastructure and creating of a conducive environment for the traders and investors as well.