Laos Northeast India Business Forum held

2nd Laos Northeast India Bussiness Forum delegates led by Dr Kikco Chanthaboury, Permanent Secretary, Minister of Planning and Investment, Laos PDR who are in Nagaland to witness the Hornbill Festival calling on the Chief Minister at his residence on Wednesday, November 30. (DIPR Photo)
 
Kohima, November 30 (MExN):  Minister of Planning and Coordination T.R. Zeliang, addressing the one day 2nd meeting of Laos Northeast India Business Forum held at Hotel Vivor on November 30, 2011 said that with the fast emerging global market economy the “remote and unexplored North East”, which is the gateway of the mainland India to East Asian Countries is becoming more and more crucial and important strategically and logistically.
T.R. Zeliang highlighted the potentials of Nagaland state in various sector before the Laos delegation and said that “though North East India may be seen as remote since the region is yet to be explored fully, it is a crucial economic and cultural link between India and South East Asia in the context of India’s Look East Policy.”
One historic event that has proven the strategic importance of the NE region is the battle of Kohima which changed the tide of World War-II, which was not a chanced encounter but a battle to control strategic Moreh-Imphal-Kohima road which is the gateway of India to South East Asian countries, T.R. Zeliang said.
T.R. Zeliang also highlighted some of the potentials investment sector like the horticulture, floriculture, Naga crafts and its rich but unexplored mineral resources. He also said that significant policy like interventions like the government of India North East industrial & Investment Policy and state own Industrial Policy, Tourism Policy, Bamboo policy and policy for Organic cultivation offers an alluring packages incentives for those interested entrepreneurs who are willing to invest in the state.
Minister also stated that business interaction between Nagaland and Laos PDR started way back in 2008, which was boosted with the meeting of HSMM group and Nagaland Bio Resource Mission in 2009. This was followed by the visit of state chief minister along with state officials to Lao capital Vientiane. “I perceive this gradual development as a sign of greater cooperation, partnership and friendship”, T.R. Zeliang added.
Laos PDR is a country of 6.8 Million populations and is bounded Burma, China, Thailand, Vietnam and Cambodia and is main power supplier to its neighboring countries like Thailand and China and accelerating economy with demands in metals. Lao is a member of APTA, ASEAN, EAS and has applied for WTO.
Laos PDR delegation was led by Kikeo Chanthaboury, Permanent secretary of Planning, Lao PDR. Eric Sisombat, President National Chamber of Commerce also spoke on the occasion. Print and electronic media from Laos also formed the delegation.



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