Myanmar puts off opening of biggest business organization office in China

13:23, October 26, 2009      

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Myanmar has put off the opening of the resident office of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in China's Nanning, which was originally scheduled for this month on the occasion of the 6th China-ASEAN expo, sources with the UMFCCI said on Monday.

It still needs some time to complete the preparatory work including decoration of the office in Myanmar traditional style, the sources said.

There were 242 entrepreneurs of 83 companies taking part in the five-day China-ASEAN expo last week held in the capital of Southwest China' Guangxi Zhuang Autonomous Region.

These entrepreneurs were from such sectors as agriculture, fishery, industry, manufacturing, gems, traditional handicrafts, forestry and hotel and tourism.

Myanmar booth on display at the expo highlighted the Muse border town as a town of facilitating trade and cooperation in levying tariff.

Since joining the China-ASEAN trade fair in 2004, Myanmar booth featured the commercial hub of Mandalay in the second trade fair, tourism site of ancient city of Bagan in the third fair, port city of the former capital Yangon in 4th fair and cyber city of Yadanarpon in the 5th fair, the sources said, adding the country won the best booth, best design and best creativity awards in the 4th China-ASEAN trade fair in 2007.

In the last 5th China-ASEAN trade fair, Myanmar won the best booth award again.

China's Nanning and Myanmar's Yangon established friendship city relationship in July this year.

According to Chinese official statistics, China-Myanmar bilateral trade amounted to 2.626 billion dollars in 2008, up 26.4 percent. Of the total, China's export to Myanmar took 1.978 billion dollars.

Source: Xinhua
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