FICCI Ladies Organization (FLO) conducted a webinar in partnership with the Indian Embassy in Myanmar, India Myanmar Chamber of Commerce (IMCC) and Myanmar Women Entrepreneurs’ Association (MWEA). The interactive session discussed on the roadmap for exploring opportunities for collaboration between India and Myanmar to empower women entrepreneurs and generate sustainable livelihood for them.

High Commissioner of India to Myanmar, Saurabh Kumar and President of India Myanmar Chamber of Commerce, Sunil Seth spoke about the increasing business opportunities between the neighboring countries.

The East Policy of Narendra Modi also emphasizes on the extended neighborhood in the APAC (Asia-Pacific) region. The main aim of this policy 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.

East Policy was formulated as an economic initiative but over the years it has now gained political, cultural and strategic dimensions including establishment of institutional mechanisms for conversation and cooperation. It throws a light on India’s new approach.

“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 Neighborhood first”. Now we need to focus more on the business interactions and trade between the two countries,” said Kumar.

FLO President Jahnabi Phookan while explaining about the webinar 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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