SHILLONG: Chief Minister Conrad K Sangma on Thursday informed that the government is contemplating to formulate a trade policy that would encompass both domestic and international opportunities for business and investment.

 

The chief minister made the announcement while addressing the 'Shillong Dialogue' organised by Asian Confluence in collaboration with the Meghalaya Basin Development Authority here. The theme of the event was 'creating trans-boundary value chains in agri-horticulture and tourism with North East India'.

 

 

The chief minister told the gathering, which included entrepreneurs from Indiaand Bangladesh, that the North East and South East Asian countries have huge potential for exchange of trade and business.

 

"Meghalaya is engaging with different countries inSouth East Asia to explore the potential for trade and cooperation in sectors like agriculture, horticulture and tourism," the chief minister said.

 

Conrad also informed that Meghalaya is harping on its rich potential of agrihorticulture produces and is hosting the first North East Food Show in December, where participants from different parts of the country including South East Asia will participate.

 

"Meghalaya and its neighbouring countries can find areas of mutual interest and work together that would benefit the business communities and other stakeholders including farmers," the chief minister added.

 

Bangladesh Commerce Minister Tipu Munshi also attended the programme. He said that Bangladesh is willing to provide all necessary facilitation to India and is more than willing to offer investment opportunities in Bangladesh.