Meghalaya to come up with trade policy

Economy


GUWAHATI: Meghalaya Chief Minister Conrad K. Sangma today informed that the government is contemplating to formulate a trade policy that would encompass both domestic and international opportunities for business and investment.

The Chief Minister made the announcement while addressing at “The Shillong Dialogue” organised by Asian Confluence in collaboration with the Meghalaya Basin Development Authority.

The theme of the event was — Creating trans- boundary value chains in Agri/Horticulture and Tourism with Northeast India.

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The Chief Minister told the gathering which included entrepreneurs from India and Bangladesh that Northeast and South East Asian countries has huge potential for exchange of trade and business.

“Meghalaya is engaging with different countries in South East Asia to explore the potential for trade and cooperation in sectors like agriculture, horticulture and tourism,” the Chief Minister said.

He informed the gathering that Meghalaya is harping on its rich potential of agri-horti produces and is hosting the first Northeast Food Show in December next, where participants from different parts of the country including South East Asia are actively participating.

“Meghalaya and its neighbouring countries can find areas of mutual interest and work together that would benefit the business communities and other stakeholders including farming communities,” the Chief Minister added.

Bangladesh Commerce Minister Tipu Munshi also attended the programme. He said that Bangladesh is willing to provide all necessary facilitation to India and is more than willing to offer investment opportunities in Bangladesh.



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