Myanmar, China Hold Border Trade Fair In Nay Pyi Taw

Myanmar, China Hold Border Trade Fair In Nay Pyi Taw

NAY PYI TAW, May 26 (NNN-MNA) – The fourth Myanmar (Lashio)-China (Lincang) border trade fair, kicked off in Myanmar’s capital, Nay Pyi Taw, yesterday.

The fair will be held until May 28.

The trade fair reflects “Paukphaw (fraternal) friendship, promotion of biliteral trade and economic cooperation, and multi-sector cooperation between the peoples of the two countries,” Union Minister for Planning and Finance U Win Shein said at the opening ceremony.

The fair is aimed at enhancing biliteral trade, expanding investment, promoting relationship between entrepreneurs of the two countries, and creating job opportunities, by boosting tourism and technical cooperation, Union Minister for Commerce, U Aung Naing Oo, said.

China is one of Myanmar’s major trading partners, and border trade plays a major role in trading between Myanmar and China, he said.

Chinese Ambassador to Myanmar, Chen Hai said, Lincang, a border region in south-west China’s Yunnan province, is the frontier of Yunnan’s exchanges and cooperation with Myanmar, and has geographical advantages for opening up and cooperation with Myanmar.

The fourth border trade fair will inject new vitality into economic and trade cooperation between the two places, Chen said.

A total of 60 associations or enterprises from Myanmar participate in the fair, exhibiting food, souvenir, gems and jewelry, tea, coffee, agricultural products, wood products and tourism.

More than 70 Chinese enterprises participate in the exhibition, displaying solar appliances, clothing, construction materials, consumer products and cosmetics.– NNN-MNA 


Related Articles