Ministry of Development of Northeast Region (MDONER) held a roundtable interaction with Bilateral Chambers and Trade Associations in India at Vigyan Bhawan Annexe, New Delhi for the upcoming Northeast Global Investor Summit

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Joint Secretary, Ministry of Development of Northeast Region (MDONER), Shri Harpreet Singh chaired the roundtable interaction with Bilateral Chambers and Trade Associationsin India today at Vigyan Bhawan Annexe, New Delhi for the upcoming Northeast Global Investor Summit, 2023 to deliberate, ideate and explore trade and investment opportunities in the Northeast Region.

The roundtable witnessed active participation from 12 Chambers/Associations and 2 Embassies/High Commissions including those from the US, SAARC, EU, ASEAN, Canada, UAE, Dubai, Japan and Finland.

The Joint Secretary highlighted that the Ministry of Development of Northeast Region (MDONER) is organizing the first ‘North East Global Investors Summit’ in August, 2023 in Delhi. Invest India and FICCI have been onboarded as Investment Facilitation Partner and industry partner respectively.

The summit will be preceded by a series of activities including state roundtables in Northeast (April-May) and road shows in Mumbai (29th May), Dhaka, Bangladesh (13th June), Hyderabad (23rd June), and Kolkata (10thJuly). The agenda of the roadshows will include structured B2B and B2G meetings, roundtable conferences, and panel discussions focusing on the investment opportunities in the eight North Eastern states of India. The focus sectors of the summit include Tourism and Hospitality, Agro-Food Processing, Textiles, Handloom and Handicrafts, Pharmaceuticals, Healthcare, Education and Skill Development, IT/ITeS, Entertainment, Sports, Tea, Energy, etc.

He apprised that the event would provide a platform for an immersive collaboration between select embassies, the business communities, financial institutions, and relevant government stakeholders for forging mutually beneficial partnerships towards improving the business and trading ecosystem in the North-eastern region. He emphasized that the focus is not solely on the summit but concrete outcomes that would materialise post the Summit. He further urged the delegates to participate proactively in forging mutually beneficial partnershiptomake theSummit a great success.

The chambers and associations deliberated ongoing investments, provided suggestions to improve investment ecosystem and pledged necessary outreach to increase bilateral economic engagement. They also share their inputs and suggestions on the proposed structure of the event tofurther strengthen the preparations and make it more comprehensive for all relevant stakeholders.

The Ministry officials welcomed respective suggestions/feedbackreceived from the participating delegates and took notes on the same. The Joint Director, MDoNERMr Pausiangmuang Tunglutconcluded his remarks by thanking the delegates and ensuring constant engagement from the Ministry as well as Invest India and FICCIin the lead up to the summit and beyond.




Source PIB