Ministers from the three countries have created a new genre of trade window and stamped their trading footprint to control the whole spectrum of the Indo- Pacific region. This pioneering venture between these giant economies will now share all complex data relating to supply chain principles.
The initiative on the drawing board last year is now seeing the fruition of this trilateral initiative. This nuanced collaboration approach amongst these three countries will reduce red tape, facilitate further strengthening the mutual trade, and be predominantly controlled by the private sector, which is a win-win situation.
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