Myanmar reluctant for trade across Moreh border due to security concerns

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Imphal, Jan. 10 (ANI): Myanmar traders are reluctant to start trade with India along the border in Moreh due to poor roads and security concerns.

Director, Ministry of Commerce, Department of Trade Promotion and Consumer Affairs, Aung Mgg, told this to ANI during an interview at the Classic Grand.

Meanwhile, Manipur Government has been working relentlessly to complete construction of the Integrated Check Post ( ICP ) at Moreh, to give impetus to trade between India and the South Asian Countries, including Myanmar by the end of this year.

The First Imphal-Mandalay service carrying 27 officials was flagged off by the Chief Minister of Manipur on the 10th of December 2015.

India’s plans to remove travel bottlenecks with Myanmar, with a bus service from this Manipur capital to Mandalay appears to be faced with a major impediment – poor road conditions along the border areas.

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During his visit to Myanmar last year, Prime Minister Narendra Modi had signed an agreement with its leaders to construct 71 bridges along the road where the Indian buses will ply.

The Myanmar government has started construction of two bridges. The Union cabinet has also sanctioned Rs.371.58 crore for constructing the remaining 69 bridges.

Recently, Reserve Bank of India (RBI), in consultation with the Government of India, decided to do away with the barter system of trade at the Indo-Myanmar border and switch over completely to normal trade with effect from December 1, 2015.

The Governments of India and Myanmar signed Border Trade Agreement on January 21, 1994 and subsequently opened two border trade points/Land Customs Stations (LCS) at Moreh (Manipur) and Zokhawthar (Mizoram). (ANI)

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