Meghalaya chief minister Conrad K Sangma has said his government is planning to formulate a trade policy that would encompass both domestic and international opportunities for business and investment.
CM Sangma made this announcement while addressing The Shillong Dialogue, organised by the Asian Confluence, in collaboration with the Meghalaya Basin Development Authority.
The theme of the event was Creating Trans-Boundary Value Chains in Agri-Horticulture and Tourism with North-East India. The CM told entrepreneurs from India and Bangladesh that the North-East and South-East Asian countries had huge potential in the fields of trade and business exchange.
“Meghalaya is engaging with different countries in South-East Asia to explore the potential of trade and cooperation in such sectors as agriculture, horticulture and tourism,” CM Sangma said. He added that Meghalaya was harping on its rich potential of agri-horticultural produce and would host the first North-East Food Show in December, where participants from different parts of the country and the South-East Asian countries would join in.
“Meghalaya and its neighbouring countries can find areas of mutual interest and work on them together. It’ll benefit the business communities and other stakeholders, including the farming communities,” CM Sangma said.
Bangladesh commerce minister Tipu Munshi also attended the programme. He said Bangladesh was eager to provide all the necessary facilities to India and was more than willing to offer investment opportunities in Bangladesh.