ZCZC
BCN-05
MYANMAR-CHINA-TRADE
Myanmar, Chinese business circles ink cooperation agreements
YANGON, Nov. 24, 2019 (BSS/Xinhua) – Business circles from Myanmar and
China inked cooperation agreements during Myanmar (Lashio)- China(Lincang)
border economic and trade fair which kicked off in Lashio, northern part of
Myanmar’s Shan state on Thursday.
The cooperation agreements were signed between five organizations and 16
companies from the two countries on Friday.
Deputy Minister Commerce U Aung Htoo expressed appreciation to Chinese
economic cooperation with Myanmar and believed that such cooperation would be
a great support for Myanmar entrepreneurs.
The forum for entrepreneurs of the two countries was also held with 100
businessmen in attendance at the first trade fair between Myanmar’s Lashio
and China’s Lincang, South China’s Yunnan province.
Yang Haodong, secretary of the Lincang Municipal Committee of the Chinese
Communist Party, expressed belief that the cooperation between the two
countries’ entrepreneurs would lead to more convenient bilateral trade flow
and be more effective in implementing new Chinshwehaw trade route.
U Sai Bo Bo, chairman of northern Shan State’s Federation of Chambers of
Commerce and Industry, called for cooperation between the two countries’
business circles in the development of Lashio and Lincang cities, not only in
trade but also in investment relating to agriculture, livestock and tourism
sectors.
Set to last until Sunday, 80 Myanmar and Chinese enterprises participated
at the border trade fair, featuring exhibits including local specialties,
tea, coffee, wood products, food, new energy appliances, clothing and
building materials.
BSS/XINHUA/HR/1031