India Myanmar land Trade
Q. Which of the following are suggestions for improving land trade between India and Myanmar?
1) Border Haats
2) Improving banking facilities
3) Improving security in the area- Published on 21 Jun 16a. 2, 3
b. 1, 2
c. 1, 3
d. All of the above
ANSWER: All of the above
- One of the mechanisms to increase border trade are the Border Haats that play a facilitating role of enabling local trade and increasing people-to-people contacts and promoting the well-being of the people in areas of difficult access across the borders of two countries.
- Overall, to increase border trade which can be conducted in an unfettered way as ‘normal trade’, actions focusing on laboratory testing at border, warehousing and storage facilities, certificate of origin related facilities, integrated check posts, border haats, trade promotion activities and most importantly improving banking facilities and bridging information gap need to be stepped-up along with focusing on security situation in the region.
- Moreh in Manipur is an important location along the Indo-Myanmar border for trade.
