NICCI raises inclusive growth agenda in India

NL Today

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Kathmandu: Nepal-India Chamber of Commerce and Industry (NICCI) participated in the Roundtable Discussion on Inter-Country Economic Corridor in North East India for Inclusive Growth which took place in Guwahati, Assam. Organized under the Act East through North East Policy of India, the event aimed to bolster India’s economic, strategic, and cultural relations with countries in the Indo-Pacific region through the establishment of an Inter-Country Economic Corridor.

The Roundtable commenced with a warm welcome from Ranjit Barthakur, Chairman, FICCI Northeast Advisory Council, and was inaugurated by Dr Himanta Biswa Sarma, Chief Minister of Assam, along with esteemed dignitaries including Manvendra Pratap Singh, Secretary, Act East Policy Affairs, Government of Assam, and CSR Ram, Joint Secretary, BIMSTEC & SAARC Division at India’s Ministry of External Affairs, Indian Ambassador to Nepal Naveen Srivastava, among other officials. Speakers from various sectors delivered special addresses.

Sunil KC, Vice President of NICCI and Founder of the Asian Institute of Diplomacy & International Affairs, Nepal, was among the prominent speakers in the program. He emphasized the geopolitical significance of North East India as a gateway to Southeast Asia, stressing the importance of fostering economic ties for peace, stability, and mutual prosperity in the region.

Highlighting the potential benefits of an Inter-Country Economic Corridor, KC underscored its role in boosting trade volume, creating jobs, catalyzing infrastructure development, and fostering inclusive growth. He emphasized the necessity of robust infrastructure, smooth trade flows, and effective policy coordination for the success of such initiatives.