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    <title>Need for India and CLMV countries to promote greater connectivity and economic integration with Regional Value Chains: Nirmala Sitharaman</title>
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    <description>Promotion of connectivity and economic integration with regional value chains is central to enhancing India-CLMV trade, relying on physical linkages (trilateral highways, North East connectivity, port upgrades) and institutional measures (bank branches overseas, duty free tariffs, a Project Development Fund and a CLMV fund) to address barriers in movement, banking and trade. Complementary reforms in CLMV investment regimes and coordinated policy simplification are urged to attract FDI and integrate sectoral value chains in agriculture, manufacturing, services and infrastructure.</description>
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