Meghalaya chief minister Conrad K. Sangma said his government is planning to formulate a trade policy to create opportunities for business and investment.
The CM made this announcement while addressing “The Shillong Dialogue” organised by 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 Northeast India’.
Conrad told the entrepreneurs from India and Bangladesh that Northeast and South East Asian countries have huge potential for exchange of trade and business.
“Meghalaya is engaging with different countries in South East Asia to explore the potential for trade and cooperation in sectors like agriculture, horticulture and tourism,” the CM said.
He informed the gathering that Meghalaya is harping on its rich potential of agri-horti produces.
Conrad said the state will host the first Northeast Food Show in December which would be joined by representatives from different parts of the country and the South East Asia.
“Meghalaya and its neighbouring countries can find areas of mutual interest and work together that would benefit the business communities and other stakeholders including farming communities,” Conrad added.
Attending the event, Bangladesh commerce minister Tipu Munshi said Bangladesh is willing to provide all necessary facilitation to India and offer investment opportunities in the country.