India-Myanmar-Thailand agree to boost trade, commerce at Moreh conference

Imphal, Apr 3: In a landmark event and a big boost towards enhancing cross-border trade between India, Myanmar and Thailand, a trilateral trade conference was recently held at Tamu town, near Moreh.

The Thai team was led by the Thai-Myanmar Border Trade in-charge Tharodol Thongruang. The Myanmarese team was led by Trade Chamber of Commerce Vice-President U Myin Swe.

The main agenda of discussion among the three sides was about improving trade between India and Thailand with mutual cooperation from Myanmar. The three countries are already working on a 1400 km long road corridor from Imphal to Mae Sot in Thailand via Bagan in Myanmar. The road will play a key role in growth of trade and tourism.

Addressing the conference, Thongruang said: "In the near future I am sure that we will have no borders between the three countries and people can connect with each other and trade can improve. Tourism will also get a boost."

At the meeting, an accord on five points was reached. It included boosting people to people contact, promotion of cross border trade to conduct the second motor car rally from Imphal to Thailand, the exchange of sports and exchange of cultures. A memorandum for understanding between Manipur and Thailand University of a student exchange program was also reached to provide exposure to students.

Visiting dignitaries also urged the centre to hold more such discussions in Thailand so that better knowledge about working in India could be disseminated.

"I think we need to improve our relations so that we can cooperate in terms of trade and investment. It will be of mutual benefit to both sides. Investors and traders from Thailand want to send their exports to India," Aat Aat Pisanwanich, Director, Centre for International Trade Studies, Bangkok It is a positive step and we should try to use it for the strengthening our cultural and economic relationship because that is the only way we can move forward," Amar Yumnam, Professor, Manipur University.

Manipur will play an extremely important role as far as trade with Southeast Asian Nations is concerned. The policymakers understood this and are working towards the rapid development of the state.

Copyright Asian News International/