North East business summit in Manipur from April 7

Agartala (Tripura), March 25 (IANS) The central government is organising a three-day business summit in Manipur from April 7 to showcase the resources and economic potential of north east India, an official statement said on Friday.

The North East Business Summit 2016 is being organised by the Union Ministry of Development of North Eastern Region in association with the Manipur government in Imphal from April 7 to 9, said the statement issued here by the ministry.

"The summit is being organised under Act East policy of the government to showcase the resources, scope and ability of north-east India comprising eight states," it said.

The eight states are Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim.

All the stakeholders in the field of trade and commerce, micro, small and medium enterprises, horticulture, floriculture and food processing industry have been invited for the summit. Participants from handicrafts, handlooms and ministry of tourism have also been invited.

"The summit is expected to explore the possibility of trade and commerce with Asean (10 countries of the Association of Southeast Asian Nations) countries under Act East policy of the government," the statement said.

The summit would give a platform to all potential investors in different sectors such as food processing, horticulture, tourism, handloom and handicrafts, startups and entrepreneurship to have a better understanding about the investment environment and potential of the north-east region.

In addition to government participation, the summit is expected to be attended by representatives of the private sector along with Indian Chambers of Commerce.

The ministry had organised a three-day festival called 'Destination North East 2016' last month in New Delhi in an effort to bring the rest of India closer to the north-east region.