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Enhanced trade between India, Myanmar stressed

By STAFF REPORTER

GUWAHATI, Jan 9 - The two-day India-Myanmar Reverse Buyer Seller Meet organised by the Indian Chamber of Commerce (ICC) at NEDFi House here concluded on Sunday.

A 50-member business delegation from Myanmar, consisting of importers, traders, businessmen and journalists, participated in this event, which was supported by the Ministry of Commerce & Industry, Govt of India. Around 80 different Indian organisations also participated.

An exhibition of Indian products and services was also arranged.

�There is vast scope of developing the bilateral trade between India and Myanmar,� said CK Das, Member, NEC, while inaugurating the meet on Saturday.

The historical ties, common cultural linkages and a long shared boundary between India and Myanmar are factors that should work in favour of improved trade and business relations between the two countries, Das said.

�Myanmar has a lot to offer to India, particularly the NE region, in areas like pulses, rice, timber, gems and precious stones while value-added products in the silk, agro, handicraft and handloom sectors of the NE have markets of huge potential in Myanmar,� mentioned Das, adding that while the government has been putting efforts to improve the connectivity between the NE and its SE Asian neighbours, it is praiseworthy that for the first time such a large delegation consisting of only buyers have come from Myanmar to hold discussions with the Indian sellers.

Swapnanil Baruah, former Commissioner & Secretary, Department of Commerce & Industry, Govt of Assam, while addressing the gathering stressed the importance of small businessmen and traders of both India and Myanmar in building business linkages between the two countries.

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