North East-ASEAN Business Summit concluded in Imphal

Apr 9, 2016 10:00 IST

The first-ever three-day North East-ASEAN (Association of Southeast Asian Nations) Business Summit concluded at the City Convention Centre in Imphal, Manipur. It was held from 7 April to 9 April 2016.

It was organised with an aim to attract investment from both domestic and foreign firms to the North-East states of India. It also tried to increase productivity and generate employment in the region.

Bangladesh Commerce Minister Tofail Ahmed was the chief guest at the inaugural session of the Summit while Manipur Speaker Thokchom Lokeshwar Singh presided over the function.

The summit was organized by Manipur Commerce and Industries Department in collaboration with the Union Ministries of External Affairs and Development of North-Eastern Region (DoNER), Indian Chamber of Commerce (ICC) and Indian Chamber of Service Industries (ICSI).

The Business Summit explored the possibility of trade and Commerce with ASEAN countries under Act East Policy of the Government.

It gave a platform to all potential investors in different sectors such as Food Processing, Horticulture, Tourism, Handloom and Handicraft, Startups, Entrepreneurship etc., to have a better understanding about the investment environment & potential of North East.

It saw participation of delegates from the member nations of the ASEAN, viz., Myanmar, Vietnam, Cambodia, Philippines, Singapore, Thailand, Malaysia, Indonesia, Lao PDR, Brunei and eight North-East states of the country are participating in the Summit.

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Quick Digest

Who: North East-ASEAN Business Summit

Where: Imphal , Manipur

What: Concluded

When: 9 April 2016

Is this article important for exams ? Yes25 People Agreed

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