Act East helping Myanmar’s economy

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Chief minister of Myanmar’s Sagaing region Dr. Myint Naing with Manipur CM N. Biren at the opening session of Indo-Myanmar Sangai Business Summit-2018 in Imphal on Monday

Chief minister of Myanmar’s Sagaing region, Dr. Myint Naing on Monday said that India’s Act East Policy has facilitated economic development and job facilities in Myanmar.

Addressing an inaugural function of the Indo-Myanmar Sangai Business Summit 2018 in Imphal’s Hotel Classic Grande, Dr. Myint said that Manipur’s Sangai Festival has helped build closer ties between Myanmar and Manipur, particularly Myanmar’s Sagaing region.

He hoped that the Act East Policy would benefit both the countries achieve sustainable development.

Dr Myint said, “We must ensure stable and sustainable economic development and build prosperous and strong relations between the two countries,” while asserting that Sagaing  and Manipur  were vital in realizing the Act East Policy of India.

He invited Manipur chief minister N Biren Singh to visit Sagaing during the Naga traditional festival slated for January 14-16, 2019.

Earlier, the Sagaing chief minister, along with Manipur chief minister N Biren Singh, jointly inaugurated the summit in which business delegates from both the countries participated.

The summit was organized by Act East Policy Committee, Government of Manipur in association with Business Excellence Group Manipur.

On the occasion, N Biren Singh announced that a visa facilitation office would be opened in Imphal shortly for issuing visas for more than 30 countries.

He promised that Manipur government would provide land for the construction of a guest house for Myanmarese pilgrims who visit Bodh Gaya in Bihar every year.

To deepen the relationship between the two countries, Singh mentioned that the state government had constituted a state level aid and advice committee for effective operationalization of the Act East Policy in Manipur.

Stating that Manipur is the India’s gateway to the South East Asian countries, the chief minister said that the people of the state, particularly businessmen, must grab the “golden opportunity.”

“We should all work together towards building a better society and bright future. The development pace of Manipur will accelerate if we work systematically together,” he said.

A delegation from Myanmar, including three cabinet ministers of different regions and officials of Myanmar government, attended the business summit that mainly focused on the prospects of India’s Act East Policy. Among others, a 12-member delegation of the Sagaing Chamber of Commerce and Industries and another 11-member team of the Sagaing Industrial Zone attended the summit.

The summit was organized as part of the ongoing 10-day Manipur Sangai Festival which will conclude on November 30.

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