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Border trade crucial for India s Act East policy says Commerce Secretary Rita Teaotia as India focuses on Myanmar

News and Press Release - Dated:- 15-6-2016 - Enhancing India-Myanmar Border Trade: Policy and Implementation Measures , a Study brought out by the Ministry of Commerce and Industry, Government of India and Research and Information System for Developing Countries (RIS), provides a detailed analysis for enhancing trade through land borders between India and Myanmar. It also suggests not only policy measures to achieve this objectives but also outlines relevant implementation measures. The Commerce .....

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iquely placed - geographically, economically and strategically. India and Myanmar not only share national borders but also historical, cultural and civilizational linkages. It is thus no surprise that the two countries have traditionally shared important economic linkages and production spaces. Myanmar has the distinct potential to serve as a land-bridge between India and South-east Asian region, Commerce Secretary Ms. Rita Teaotia said. Speaking on the occasion, Ms. Rita Teaotia highlighted tha .....

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ghlighted as an essential prerequisite for trade. A distinguishing feature of India s border trade with Myanmar and normal trade is that, in case of border trade both import and export growth exceed growth rates in overall bilateral trade, said Mr. Ravi Capoor, Joint Secretary in the Ministry of Commerce and Industry. He amplified on the role of integration with Myanmar for development of Myanmar and also accessing ASEAN and other markets which Myanmar has preferential access. Mr Capoor also men .....

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ack approach to implement policy recommendations that could address the constraints acting upon border trade in particular and development of the region in general. It is in this context that the Ministry s study, which is prepared by Dr. Ram Upendra Das, an economist and professor at RIS, presented its analytical and empirical basis for enhancing India-Myanmar Border Trade. He argued that one of the reasons for less than optimum levels of economic activities in the region under consideration an .....

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