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State’s Trade Potential Tabled At SASEC Summit At Nepal

IMPHAL, Nov 7: The State’s transport infrastructure and trade potential were tabled at the South Asia Socio Economic Cooperation (SASEC) working committee submit held at Kathmandu, Nepal on November 4.

SASEC is a regional economic forum of Bhutan, Bangladesh, Nepal, India, Sri Lanka and Maldives.

Transport infrastructure and trade and commercial activities are being developed/promoted in SASEC countries with financial investment from Asian Development Bank (ADB).

Even though India is a key member of SASEC, only West Bengal and Manipur are entitled to economic cooperation and financial assistance obtained through SASEC.

Additional Chief Secretary O Nabakishore and PWD Chief Engineer M Lokendro attended the Kathmandu summit.

The summit deliberated on economic cooperation and development of transport infrastructure across SASEC member countries.

Already there are plans for development/construction of Imphal-Moreh road, Imphal-Kangchup-Tamenglong road and Imphal ring road with financial assistance from ADB.

In addition to these roads, the State delegates sought financial investment from ADB for construction of Tamenglong-Tousem-Haflong road, Wangjing-Heirok-Khudengthabi road and Imphal-Mayang Imphal-Kakching Lamkhai road. They also proposed extension of the Imphal-Jiribam railway line up to Myanmar and to develop the same railway line as a trans-Asian railway line.

(Courtesy: The Sangai Express)

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