Printer Friendly

Indo-Myanmar border trade still remains a distant dream.

Byline: ANI

Moreh (Manipur), July 24 (ANI): The Indo-Myanmar border trade through Moreh in Manipur has become a distant dream for traders, thanks to the constant shutdowns and poor infrastructure.

The Indo-Myanmar Border trade agreement between India and Myanmar was signed on January 21, 1994 to facilitate a congenial trade practice.

However, the cross border trade has now come down to only two to three items of the total 40 items listed in the trade pact.

"There are frequent Bandhs (shutdowns) in this part of the country and consequently, the border trade gets affected and people suffer because of that. The government is also not seriously looking into the matter," said Lungkhup, a local trader.

Ginsei Lhungdim, General Secretary of Hills Tribal Council (HTC) was of the view that the delayed process for the development of the export-import along the border has left traders with a big question.

Their apprehensions are whether the proposed regular border trade will ever materialise.

"What we want is that the government should speed up the process. The government is always slow but I think and I hope it will get materialise soon," said Ginsei Lhungdim, General Secretary, Hills Tribal Council (HTC), Moreh, Manipur.

Although trade is to be conducted in freely convertible currencies or in currencies mutually agreed upon by the two countries under Article-III of the pact, the trade is functioning mainly under the barter system. (ANI)

Copyright 2009 Asian News International (ANI) - All Rights Reserved.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Asian News International
Date:Jul 24, 2009
Words:251
Previous Article:'Pak has internationalized its internal problems by raking Balochistan issue'.
Next Article:Mumbai witnesses highest tides in 100 years.


Related Articles
India-built highway opens in Myanmar.
Timber smuggling continues in Manipur.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters