Indo Myanmar Border trade
The Indo-Myanmar Border Trade was inaugurated on 12.4.95 by the then Union Minister of State for Commerce, as a follow-up measure of the Trade Agreement signed between the two countries on the 21st January, 1994, at New Delhi. The opening of the Border Trade along the Tamu (Myanmar)-Moreh (Manipur) sector is quite significant as this would act as an economic bridge between industrially developed India and the blooming economies of South East Asian countries.
Along this sector besides the Border trade (within 40 km. of the international border based on barter mechanism) the normal export-import as per the existing policy of Government of India is possible. A developed trade across this border will be of advantage mainly in reduced cost while assessing the market of South East and even far-east Asian countries.
The State Government is taking all the required measures for the development of the export-import along this sector. Institutional mechanism like upgradation of the Industries Department, Counselling-cum-Grievance Committee, conducting general awareness programme, setting up of State level Export Committee which includes banks etc. has already been done.
Adequate measures are also being taken up by creating infrastructure which will help in the setting-up and growth of industries directed towards the export. The following are the important measures which have been taken:
i) Trade Centre providing facility to traders & entrepreneurs will be set up at Moreh and Imphal.
ii) Improvement of Road, infrastructure under ASIDE Scheme.
iii) Setting up of a Special Economic Zone.
iv) Introduction of Inland Container Depot (ICD) and Warehousing Facility
The setting up of Special Economic Zone at Moreh aims at
a) Exemption from Customs duty, Central Excise Duty, CST, etc.
b) Promotion of economic activities by curbing the illegal activities and capturing revenues
c) Promotion of clusters of small scale tiny units to create employment opportunity and develop export.
d) Creation of infrastructural facilities like communication including helicopter service, banking, post office, residential complex, power, water, etc.
e) Strengthening of Counselling-cum Grievances Redressal Cell and activating the State Level Export Promotion Committee(SLEPC) with the creation of Single Window Clearance.
In following of the following trade differences between legal and illegal (Customs Seizure), the State Govt. proposes to tap the beneficial impact in both terms of social economic development to the hinterland by enhancing regional economic co-operation within the framework of Indo-Asian Partnership.
YEAR-WISE VOLUME OF TRADE(through Legal Route):-
(Amount in Rupees)
|1.||April, 1995 to March, 1996||10,45,27,782/-||5,38,99,029/-||15,84,26,811/-|
|2.||April, 1996 to March, 1997||31,70,51,137/-||15,17,64,094/-||46,88,15,231/-|
|3.||April, 1997 to March, 1998||22,44,72,930/-||35,08,34,823/-||57,53,07,753/-|
|4.||April, 1998 to March, 1999||5,06,09,710/-||3,74,39,616/-||8,80,49,326/-|
|5.||April, 1999 to March, 2000||3,25,65,827/-||3,67,97,316/-||6,93,63,143/-|
|6.||April, 2000 to March, 2001||5,29,17,530/-||19,38,523/-||5,48,56,053/-|
|7.||April, 2001 to March, 2002||1,25,08,345/-||8,29,71,255/-||9,54,79,600/-|
Customs seizure during the last three years:
Financial year Amount in Rupees Main items seized
1999-2000 3,56,59,603/- VCD, Inverters, Battery, Precious stones, narcotic drugs (Amphetamine tabs., Ephedrine, Heroine Powder, etc), Blanket, Cloth carpet, Myanmar currency, detergents, soap, readymade garments, shoes, chapples, edibles, etc.