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'Thaiward' policy for Tripura & North East mooted

Jun '07
Mr. Mani Shankar Aiyar
The visit of the Thailand Business delegation led by Thai Minister of Commerce Mr. Krirk-krai Jirapaet to North Eastern region started on an upbeat note. Both countries were optimistic about business partnerships that can be forged between them.

Addressing the delegates in Agartala, the Union Minister for Development of North Eastern Region, Mr. Mani Shankar Aiyar said that Thailand has made remarkable development in various areas and Tripura can do the same with the cooperation of Thailand.

Mr. Aiyar said the economy of Thailand has done so well in the last few decades that they have built up an impressive quantum of Foreign Exchange reserves and with these reserves they are looking for investment opportunities.

Tripura and the entire North Eastern region should provide these investment opportunities to Thailand to mutually gain from such collaborations.

Mr. Aiyar said that some of the key areas of Economic activity where Thailand has made its mark are rubber industry, bamboo industry, handlooms & handicrafts. In the rubber industry the North Eastern region could take advantage of the Thai expertise and offer very fruitful investment opportunities.

He said with this kind of collaboration the present 30,000 acres under natural rubber cultivation in Tripura could be targeted at three times this area. Similar kind of collaborations could be worked out in Bamboo, Handlooms & handicrafts.

Mr. Aiyar emphasised the need to develop an impressive road network in the NE region. He said that the Government plans to put in $ 15 billion in road construction in this area. The Thai expertise in this area is most impressive and it can be used for building road transport infrastructure in the NE region.

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