Shillong Hosts 3-Day ‘Act East Business Show’ to Strengthen BBIN and ASEAN Trade Relations
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Synopsis
The Meghalaya government, in collaboration with the Indian Chamber of Commerce, is organizing a 3-day 'Act East Business Show' in Shillong from March 25 to 27 to enhance trade relations with BBIN and ASEAN countries, focusing on key sectors like technology, agriculture, and tourism.
Key Takeaways
- Event to strengthen trade ties between BBIN and ASEAN.
- Focus on sectors: technology, agriculture, manufacturing, tourism.
- Opening session with Chief Minister Conrad K. Sangma.
- Investment opportunities and business synergies highlighted.
- Participation from diplomats and business delegates.
Shillong, March 18 (NationPress) The government of Meghalaya, in partnership with the Indian Chamber of Commerce, is preparing to host a 3-day 'Act East Business Show' in Shillong aimed at enhancing economic and trade ties between BBIN and ASEAN countries.
According to a Meghalaya government representative, this 7th edition of the 'Act East Business Show' will occur from March 25 to 27 at the state convention center, with the goal of strengthening economic and trade connections between BBIN (Bangladesh, Bhutan, India, and Nepal), a sub-regional alliance in South Asia, and ASEAN nations.
The event will emphasize significant sectors such as technology, agriculture, manufacturing, and tourism.
The opening session on March 25 will feature remarks from Meghalaya's Chief Minister Conrad K. Sangma, with senior officials from the Government of India and esteemed diplomats in attendance. This inaugural session aims to convene leading figures, policymakers, and industry specialists.
The exhibition will showcase Meghalaya as a prime destination for investment while highlighting potential business opportunities and synergies.
The representative indicated that under Chief Minister Sangma's leadership, the state is quickly evolving into a top investment hub, supported by progressive policies, substantial infrastructure development, and a proactive governance model.
The state is committed to creating a vibrant business environment that promotes entrepreneurship, facilitates smooth investments, and boosts regional and international trade partnerships. With a strong focus on sustainable growth, innovation, and economic diversification, Meghalaya is set to unveil new opportunities across vital sectors, reaffirming its role as a strategic gateway for trade and investment in the region.
Moreover, diplomats from the Philippines, Germany, Indonesia, Cambodia, UAE, Japan, Bangladesh, Bhutan, Nepal, and more have confirmed their presence at the event, alongside business delegates from their respective nations.
The Indian business sector is also expected to engage as potential investors.
Transforming northeast India into an export hub for agriculture, livestock, food processing, and manufacturing will be a focal point, presenting insights from industry leaders and policymakers regarding export promotion, trade facilitation, and government initiatives.
The North East India Travel, Tourism & Hospitality segment will highlight the tourism potential of Northeast India, with a focus on digital innovation, sustainable tourism, and public-private partnerships to advance eco-tourism, adventure tourism, and medical tourism. Throughout the three days of the event, various B2B and B2G meetings, along with matchmaking opportunities, will be available to benefit the business community, exporters, startups, and farmers' producer organizations (FPO) and cooperatives (FPC) in Meghalaya, the official noted.
