[Assam] Centre okays Rs 200 cr for NE trade points

[Pradip Kumar Datta]

Centre okays Rs 200 cr for NE trade points
  NEW DELHI, Jan 31 – Giving impetus to its “Look East Policy”, the Government has sanctioned a Rs 200-crore project for developing infrastructure at four international trade points in the northeastern region, reports PTI. “We have already started the project. The four border trade points will be ready in 14 to 16 months time from now,” Union Minister of State for Commerce Jairam Ramesh told a seminar on “Look East Policy: A Reality Check” organised here today by the North East Media Forum. 

The four border trade points are Moreh in Manipur, Dawki in Meghalaya, Sutarkandi in Assam and one near Agartala. 

“We will have to have better infrastructure. These centres will have facilities for international trade, customs, immigration and banking,” Ramesh said. 

When completed, these points will greatly boost business between northeastern states and neighbouring countries like Myanmar and Bangladesh. 

Ramesh said his ministry had approached the external affairs ministry to conclude bilateral trade agreements with China, Myanmar, Bangladesh, Bhutan and Nepal for regular trade with them through the northeast. 

“Bilateral agreements are very important. Apart from opening ancient trade routes, we will have to pursue a policy of trade in border rather than border trade,” he said. 

The inaugural function was also addressed by North Eastern Development Finance Corportion Chairman K N Hazarika.
 
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