Thursday 29 November 2012

Myanmar to host US-Myanmar Economic Conference

Myanmar will hold the US-Myanmar Trade and Investment Relationship: The Path Forward Conference in Yangon on February 25, 2013.

Held at the head office of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (RUMFCCI), “this conference will be the very first economic forum for US and Myanmar. The event will be co-organised by RUMFCCI and US Chamber of Commerce," Zaw Min Win, vice chairman of the RUMFCCI, said.


The conference will focus on Myanmar’s economic development priorities and objectives, explore opportunities to expand US-Myanmar trade and investment in key business sectors, and forge bilateral business partnerships.

According to RUMFCCI, leading Myanmar business executives, their US counterparts and those from around the Asean region, government officials, development specialists and academics will attend the conference and discuss a wide range of issues, including boosting investment, propelling economic growth and integrating Myanmar into the Asean, Asian and global economy.

Myanmar investors are preparing to cooperate with the US in developing teak and wood products, and they hope the US will bring more employment opportunities, said Zaw Min Win.

Myanmar investors are also interested in exporting furnished wood products to Europe and the US, which will be the main focus of Myanmar investors in the upcoming US-Myanmar Conference, he said.

As of September 2012, the US has invested US$243.57 million in Myanmar.
 
source: Eleven Myanmar

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