India-Myanmar agree to create business roadmap for women entrepreneurs

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NEW DELHI: Creating a roadmap for exploring opportunities for collaboration between Indian and Myanmar to empower women entrepreneurs and generate sustainable livelihoods for women was discussed at a webinar.

It was organised by the FICCI Ladies Organization (FLO). The interactive session was organised in partnership with the Indian Embassy in Myanmar, India Myanmar Chamber of Commerce (IMCC) and Myanmar Women Entrepreneurs’ Association (MWEA).

Saurabh Kumar, High Comissioner of India to Myanmar and Sunil Seth, President of India Myanmar Chamber of Commerce talked about growing business opportunities between the two countries.

Prime Minister Narendra Modi’s Act East policy focuses on the extended neighbourhood in the Asia-Pacific region. Its primary objective is to promote economic cooperation, cultural ties and develop strategic relationship with countries in the Asia-Pacific region through continuous engagement at bilateral, regional and multilateral levels.

The policy which was originally (1992) envisaged as an economic initiative, has now gained political, strategic and cultural dimensions including establishment of institutional mechanisms for dialogue and cooperation thereby clearly highlighting the new approach of India.

Kumar said, “The cultural exchanges and historical contacts between our two countries are the base and core of our relationship. India and Myanmar both are part of BIMSTEC and Myanmar is the only country which comes under the ambits of our two foreign policies initiatives “Act East and Neighbourhood first”. Now we need to focus more on the business interactions and trade between the two countries”.

Giving a background to this webinar, FLO President Jahnabi Phookan said, “It gives me great pleasure to start our Dialogue Series with Myanmar first, among our Bimstec countries. In this new decade of 2020’s, let us forge ahead to work together for business opportunities and explore the potential for livelihood-linked and entrepreneurship-driven market forces to build a strong economic alliance for our women and create a cadre of women leaders in both our countries.”

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