Bangladesh, India, and Japan are set to hold a connectivity event in Tripura, India on April 11-12. The event is aimed at exploring connectivity initiatives and leveraging the commercial potential of the region.
Who Will Participate:
The Asian Confluence, a think tank from Northeast India, will organize the event in collaboration with India’s Ministry of External Affairs. State Minister for Foreign Affairs Md Shahriar Alam will represent Bangladesh, while India’s deputy foreign minister and the Japanese ambassador to India will also attend.
What are the gaps in developing Northeast India:
A recent study conducted by the Asian Confluence recommended scaling up multi-modal connectivity between Northeast India and Bangladesh to enhance competitiveness and narrow the development gaps in the region.
It also suggested working together to establish express corridors for the transit of goods from the Northeast Region to the Chattogram Port and bringing synergy in trade facilitation.
The study further recommended creating industrial value chains to benefit all stakeholders in India and Bangladesh, including Japanese companies in the region.
It suggested establishing a Japan-Northeast India Chamber of Commerce to promote Japanese investment in Northeast India and a Northeast India-Bangladesh-Japan CEO Forum to provide the necessary business leadership.