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Myanmar Not Setting Up Trading Zone At India Border

Newdelhi:3/8/17:The Myanmar government will not set up a trading zone on its border with India due to insufficient basic requirements and poor potential trading, a top commerce official told the House of Representatives here.

When asked by parliamentarians on Wednesday if there was a plan for the move, Deputy Commerce Minister Mr U Aung Htoo said that the Tamu trading point has been opened since 1995 but the trading value has been only $ 45 million, accounting for only 0.6 per cent of the total trade volume of all border trading points, reports Xinhua news agency.

For the purpose of promoting trade between the two countries, a series of joint committee meetings related to bilateral trade, border trade and border-market were held.

Top officials from both sides also had extensive discussions on opening a trade zone in Htantalan in Myanmar’s Chin State and a new trade zone in Pan Khwar in India’s Mizoram State.

 

 

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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