Home / Knowledge / News / Textiles / MoU signed to boost bilateral ties with Myanmar

MoU signed to boost bilateral ties with Myanmar

06
Mar '07
Memorandum of Understanding (MoU) signed by three associations -Industries and Trade Fair Association of Assam, the Indo-Myanmar Border Traders' Union of Manipur and the Union of Myanmar Border Trade Chamber of Commerce, Myanmar - is expected to enhance trade relations between northeastern states and Myanmar.

These trade associations will work in tandem and encourage business participation.

They will also exchange views on border trade in meeting that is expected to be conducted at Moreh within three months.

Governments of both countries are planning to achieve $1 billion trade in 2006-07. In 2005-06, bilateral trade between these countries stood at $570 million.

An integrated checkpoint at Moreh will be created by the Government that will manage trade cargo and passenger movement.

Government is expected to spend INR70 crore for developing this integrated checkpoint.

It will also benefit population residing in border towns and enhance regional trade.

Moreh project, which will be carried out by RITES, is expected to be completed next year.


Must ReadView All

Pic: Shutterstock

Textiles | On 17th Sep 2021

UK again delays post-Brexit import trade controls

The United Kingdom has again delayed the implementation of some...

Pic: Shutterstock

Retail | On 17th Sep 2021

American retailers oppose business tax rate increases

The National Retail Federation (NRF) has opposed the proposed...

Pic: Shutterstock

Retail | On 17th Sep 2021

UK retail job numbers fall as furlough scheme winds down

Despite strong retail sales in recent months, the UK industry has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search