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Deputy CM team to attend business conclave at Myanmar

by IT Web Admin
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Deputy CM Gaikhangam is all set to attend the business conclave at Myanmar to be held on January 18 and 19 at Town Hall, Monywa, Sagaing Region, Myanmar. He is expected to deliver speech with special emphasis on the border trade and investment between the North Eastern region of India and Myanmar including banking sector. The conclave is organized by the Consulate General of India in Mandalay in collaboration with the Sagaing Region Government (Myanmar) and the Indian Chamber of Commerce (North East Chapter), Guwahati.The Reserve bank of India has abolished the barter trade system that was operating along the India-Myanmar border for a long time since 1994 thereby creating a broader window of opportunity for trade between the two countries. Around 30 Indian companies are participating in the Regional Business involved in trade between India and Myanmar especially through the land border apart from opportunities for business matching.

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