Skip to main content

Act east policy? Naga businesses 'interested' to deal with Bangladesh counterparts

By Samara Ashrat* 
The northeast of India is fast gaining attention for its rich economic resources and strategic location. It is positioned to serve India’s strategic vision encompassed in the Act East Policy. Economically, the region has large deposits of oil, natural gas, coal and limestone, and a sizable proportion of land under cultivation for agro-horticulture products, bamboo and rubber.
Besides a wide range of natural, archaeological, and cultural tourist sites, this region also provides opportunities for medical tourism. It shares international borders with Bangladesh, Bhutan, Nepal, and Myanmar. The region acts as a land bridge for India’s participation in institutional forums, including the Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation and the South Asia Subregional Economic Cooperation (SASEC) programme.
Furthermore, access to Myanmar offers great potential to integrate India with other Association of Southeast Asian Nations (ASEAN) countries. Nagaland, a northeastern state in India, is looking to forge a mutually beneficial investment relationship with Bangladesh, taking advantage of the country's port facilities to explore new trade avenues.

Nagaland eyes trade potentials in Bangladesh

A delegation led by Business Association of Nagas (BAN) president Mongkum Jamir recently visited Bangladesh to discuss the potential of bilateral trade at the invitation of Abdul Matlub Ahmad, president of India-Bangladesh Chamber of Commerce and Industry (IBCCI). Nagaland businesses plan to export bamboo chips and coffee to Bangladesh, while Bangladesh would send garment products to Northeast India. Nagaland produces world-class coffee that could be processed and exported globally through Bangladesh.
Nagaland businessmen are also interested in exporting fruits for juice and packaged food production. The India-Bangladesh Chamber of Commerce and Industry (IBCCI) and the Business Association of Nagas (BAN) signed a Memorandum of Understanding (MoU) to enhance trade relations at Niathu Resort in Dimapur on April 6, 2023.
The MoU signed on the sidelines of the B20 Business Summit at Kohima will aim to facilitate the exchange of information, expertise and technology in the area of agriculture, food processing, bamboo, tourism, textiles, IT services, mineral and renewable energy.
The agreement will also promote bilateral trade and investment between Bangladesh and Nagaland, with both organisations providing the necessary assistance and support to their respective business communities, working together on joint projects and initiatives, reducing trade barriers and improving market access for each other's goods and services. Bangladeshi government's support for mutual import-export of agri-based and other resources and suggested a direct Sylhet-Dimapur flight.

Why Bangladesh

Northeast India shares an 800-kilometer border with Bangladesh, offering ample investment opportunities for Nagaland businesses. Siliguri Corridor is one of the most geographical compulsions for India. This narrow corridor separated the whole North Eastern region from the Indian Mainland. Bangladesh creates a broader nexus between the Indian mainland and the North Eastern region.
Traveling within India, Agartala is 1,650km from Kolkata and 2,637km from New Delhi through Shillong and Guwahati. The journey between Agartala and Kolkata via Bangladesh, on the other hand, is only about 550km. Furthermore, the average distance between Bangladesh's major cities and northeast India is 20km to 300km.
As a result, Bangladesh is always considered crucial for the North-Eastern region's connectivity with mainland India by rail, road, and river routes. So, the bilateral ties and engagements between India and Bangladesh help in exploring many new windows of possibilities for Nagaland, ranging from trade and commerce to culture and tourism.

Initiatives takes

The route through Assam is the shortest possible route for Bangladesh-Nagaland trade initiatives. That’s why the connectivity needs to be uninterrupted. India is planning to build a new road link via a four-lane bridge across the Kushiyara river to connect Bangladesh and Assam.
India has planned road connectivity with Bangladesh by constructing a 300-metre four-lane bridge over the Kushiyara River and an around 600-metre road in the Karimganj sector of the Indo-Bangla border connecting Karimganj in Assam and Jakiganj Upozila in the Sylhet district in Bangladesh. Nearly half of the 900-metre road project will be in Assam (Karinganj) and the other half in Bangladesh. Once the road will be completed, the trade ties between Nagaland and Bangladesh will get a boost.
Not only that, to boost bilateral trade, India-Bangladesh have launched 36 land ports include five comprehensive depots. The latest one is in Dawki of Meghalaya. The connectivity has been improved with the North East region. The region can contribute more to the strengthening of two neighboring economies. The businessmen from Nagaland can also invest in developing economic zones in Bangladesh.
Moreover, Bangladesh and Nagaland have signed 34 agreements for mutual benefits, paving the way for a stronger economic partnership between the two regions. The collaborative efforts of these business communities will not only boost their respective economies but also foster a stronger bond between the neighboring countries.
---
*PhD fellow, International Relations, University of Bucharest

Comments

Post a Comment

TRENDING

US govt funding 'dubious PR firm' to discredit anti-GM, anti-pesticide activists?

By Our Representative  The Alliance for Sustainable & Holistic Agriculture (ASHA) has vocally condemned the financial support provided by the US Government to what it calls questionable public relations firms aimed at undermining the efforts of activists opposed to pesticides and genetically modified organisms (GMOs) in India. 
Post a Comment
Read more

Modi govt distancing from Adanis? MoEFCC 'defers' 1500 MW project in Western Ghats

By Rajiv Shah  Is the Narendra Modi government, in its third but  what would appear to be a weaker avatar, seeking to show that it would keep a distance, albeit temporarily, from its most favorite business house, the Adanis? It would seem so if the latest move of the Ministry of Environment, Forests and Climate Change (MoEFCC) latest to "defer" the Adani Energy’s application for 1500 MW Warasgaon-Warangi Pump Storage Project is any indication.
Post a Comment
Read more

Bayer's business model: 'Monopoly control over chemicals, seeds'

By Bharat Dogra*  The Corporate Europe Observatory (CEO) has rendered a great public service by very recently publishing a report titled ‘Bayer’s Toxic Trails’ which reveals how the German agrochemical giant Bayer has been lobbying hard to promote glyphosate and GMOs, or trying to “capture public policy to pursue its private interests.” This report, written by Joao Camargo and Hans Van Scharen, follows Bayer’s toxic trail as “it maintains monopolistic control of the seed and pesticides markets, fights off regulatory challenges to its toxic products, tries to limit legal liability, and exercises political influence.” 
Post a Comment
Read more

Fostered by those in power, hatred 'hasn't been' part of Indian narrative

By Osman Sher*  It is strikingly ironic that the current climate of prevalent hate in India is fostered not by a disruptive fringe of society, but by those in power—individuals entrusted by the citizens to promote their welfare and foster peace and harmony. It is their responsibility to guide and nurture the populace as if they were their flock. 
Post a Comment
Read more

Muslims 'reject' religious polarisation of Jamaat-e-Islami: Marxist victory in Kulgam, Kashmir

By Bhabani Shankar Nayak*  In the international sphere, an orgy of imperialist violence and wars on multiple fronts is unleashed on the world's population to divide people on religious and nationalist lines, destabilise peace, deepen crises, and control resources in the name of nationalism and religion. Under the guise of fighting Islamic terrorism and exporting the so-called market-led Western democracy, imperialist powers are ghettoising Muslims to control natural resources in various parts of Asia, as well as in Arab and Middle Eastern countries. 
Post a Comment
Read more

Militants, with ten times number of arms compared to those in J&K, 'roaming freely' in Manipur

By Sandeep Pandey*  The violence which shows no sign of abating in the ongoing Meitei-Kuki conflict in Manipur is a matter of concern. The alienation of the two communities and hatred generated for each other is unprecedented. The Meiteis cannot leave Manipur by road because the next district North on the way to Kohima in Nagaland is Kangpokpi, a Kuki dominated area where the young Kuki men and women are guarding the district borders and would not let any Meitei pass through the national highway. 
Post a Comment
Read more

Can voting truly resolve the Kashmir issue? Past experience suggests optimism may be misplaced

By Raqif Makhdoomi*  In the politically charged atmosphere of Jammu and Kashmir, election slogans resonated deeply: "Jail Ka Badla, Vote Sa" (Jail’s Revenge, Vote) and "Article 370 Ka Badla, Vote Sa" (Article 370’s Revenge, Vote). These catchphrases dominated the assembly election campaigns, particularly across Kashmir. 
Post a Comment
Read more

Swami Vivekananda's views on caste and sexuality were 'painfully' regressive

By Bhaskar Sur* Swami Vivekananda now belongs more to the modern Hindu mythology than reality. It makes a daunting job to discover the real human being who knew unemployment, humiliation of losing a teaching job for 'incompetence', longed in vain for the bliss of a happy conjugal life only to suffer the consequent frustration.
59 comments
Read more

NITI Aayog’s pandemic preparedness report learns 'all the wrong lessons' from Covid-19 response

Counterview Desk The Universal Health Organisation (UHO), a forum seeking to offer "impartial, truthful, unbiased and relevant information on health" so as to ensure that every citizen makes informed choices pertaining to health, has said that the NITI Aayog’s Report on Future Pandemic Preparedness , though labelled as prepared by an “expert” group, "falls flat" for "even a layperson". 
Post a Comment
Read more