India to push CMLV trade

05-Mar-2015 # ActEast Source: The Phnompenh post

According to a recent budgetary announcement India is looking at setting up manufacturing hubs in Myanmar, Cambodia, Laos and Vietnam as part of its “Act East” policy. On the topic, FM Arun Jaitley stated that ‘In order to catalyse investments from the Indian private sector in this region, a project development company will, through separate special purpose vehicles, set up manufacturing hubs in CMLV countries’, during his 90 minute speech.

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