[vc_row][vc_column][vc_column_text]The ‘border haats’ between India and Myanmar are functioning “very well” and the Government is looking at opening more such facilities on borders, Central Board of Excise and Customs (CBEC) Chairman Najib Shah said recently.
India by virtue of its geographical location has many neighbouring countries and this “informal trade” with Myanmar is “functioning very well”, he said.
Such system of trade is restricted to bordering districts of Myanmar and India in the North-East.
“It is restricted to certain value limits. It is restricted to local produce in those areas because we do not want other trades to get in. We are looking at such informal trade also with other border areas. But nothing has been firmed up as of now,” he said here at a function.[/vc_column_text][/vc_column][/vc_row]
