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NE-ASEAN Business Summit commenced in Imphal

Capital city of Manipur, Imphal, has been hosting North East-ASEAN Business Summit 2016 at the City Convention Centre.

  • The summit has been organized by the Manipur Department of Commerce and Industries in collaboration with Indian Chamber of Commerce and International Chamber for Service Industry.
  • The inaugural session of the summit has been officiated by Manipur Speaker Th Lokeshwar Singh while Bangladesh Commerce Minister Tofail Ahmed was the chief guest of the event.

NE-ASEAN Business Summit commenced in ImphalNE-ASEAN Business Summit expects to pull in more visitors, exchange and business in NE-ASEAN. North East is in the middle of the three major economies viz. East Asia, South Asia and South East Asia.

Participants – Brunei High Commissioner, Ambassadors of Philippines, Thailand and Vietnam and 140 Indian delegates from outside the North East region.

Key topics of Summit:

  • Regional conference on Ease of Doing Business
  • Regional conference on Agro and Food Processing: Potential and Challenges
  • Session on Empowering MSME in North East

Role of BBIN agreement in boosting Bangladesh GDP:
Last year, during the visit of PM Modi to Bangladesh, BBIN (Bangladesh, Bhutan, India and Nepal) agreement was signed which enhanced the volume of trade.

  • On the sidelines of this agreement Bangladesh opened a visa office in Guwahati.
  • The GDP of Bangladesh has elevated by 7.05%.
  • Now, Bangladesh has been exporting numerous agricultural products to around 107 countries including India.

Keys Manipur:
Capitals – Imphal, Guwahati (Judiciary)
Chief Minister – Okram Ibobi Singh