Vice President U Myint Swe attended and addressed the opening ceremony of Natural Myanmar; National Promotion Conference held at 15th China-ASEAN Expo (CAEXPO) in the Nanning International Convention and Exhibition Center yesterday morning. The ceremony started off with an entertainment by the Myanmar traditional cultural dance troupe.
In his address, Vice President U Myint Swe first thanked the government of People’s Republic of China, government of Guangxi Zhuang Autonomous Region and CAEXPO secretariat for the help provided towards holding the Natural Myanmar; National Promotion Conference at the 15th CAEXPO.
The conference is held by Myanmar Ministry of Commerce, Myanmar Trade Promotion group and Myanmar chambers of commerce and business owners will participate. Digital economy/e-commerce sector, gem sector, pulses & bean sector, coffee & tea sector and fruit sector will be discussed by Myanmar business owners. Myanmar is producing and exporting to China natural fruits and agriculture products that China likes and are in high demand. As the day’s discussion will be on opportunities for cooperation among businesses, it will support Myanmar-China trade development.
In addition to this, agreements on cooperation in technical and market promotion with China for development of Myanmar gem sector, vocational training and cooperation will be signed by relevant organizations from China and Myanmar. It is a happy and honorable moment because this new step in the bilateral relations of the two countries coincided with the 15th anniversary of China-ASEAN relationship.
Myanmar and China are neighboring countries sharing more than 2,000 kilometers of border and had a long history of relationship in trade, economic and cultural sectors. Pauk phaw relations as existed among relatives was established. Trade volume can be seen as rising yearly. According to the records, it was US$ 9.7 billion in 2014-2015, US$ 10.99 billion in 2015-2016, US$ 10.8 billion in 2016-2017 and US$11.78 billion in 2017-2018. China is the major trading partner of Myanmar and is also at the forefront in investing in Myanmar. As a new Myanmar Investment Law and company law was enacted, there will be more opportunities for businesses and investment.
For the sustained development of the economy of Myanmar, the Myanmar government is relaxing trade and investment (barriers) as well as conducting reforms in private sector development.
Myanmar is also establishing work committees to implement the Myanmar-China bilateral economic cooperation according to the guidance and instruction of the leaders of the two countries. Cooperation in programs such as Myanmar-China Economic Corridor, Myanmar-China border economic cooperation zone, Kyaukphyu deep sea port and special economic zone and Mekong-Lancang cooperation based on President Mr. Xi Jin Ping’s Belt and Road Initiative and international cooperation work process are being conducted.
This conference will increase friendship and cooperation between merchants and business owners of the Myanmar and China. The conference is also important for increasing trade between the two countries. In his address, the Vice President specifically emphasized on establishing friendship between merchants and businesses of the two countries, strive toward resolving together the difficulties and obstacles that can occur when increasing bilateral trade, and urged to increase cooperation by sharing market requirements and information. The Vice President added that Myanmar government would help and assist in this and spoke of achieving good outcomes for increasing bilateral trade and technical cooperation between the two countries from this conference.
Next, Guangxi Zhuang Autonomous Region China Communist Party Guangxi Committee Permanent Committee member, political and legal affairs committee secretary Mr. Huang Shiyong delivered a speech.
Afterwards CAEXPO organizing central committee joint chairman Union Minister for Commerce Dr. Than Myint presented certificates of honor to a representative of the Myanmar companies that attended the CAEXPO eight times and above.
Following this memorandum of understandings (MoUs) on Myanmar-China cooperation was signed where Myanmar Gems and Jewellery Entrepreneurs Association signed a technical cooperation MoU with Guangdong Institute of Diamond, Jade and Jewellery and Myanmar (Textile and) Garment Entrepreneurs Association signed a MoU on cooperation in vocational training with Guangxi Economic and Trade Vocational Institute. After this the Vice President posed for a commemorative group photo with conference attendees. Present at the opening ceremony were Guangxi Zhuang Autonomous Region China Communist Party Guangxi Committee Permanent Committee member, political and legal affairs committee secretary Mr. Huang Shiyong, CAEXPO secretariat secretary general Mr. Wang Lei, Minister Counsellor of China Embassy to Myanmar Ms. Li Xiaoyan and officials from People’s Republic of China, Union Minister for Commerce Dr. Than Myint, Union Minister for Planning and Finance U Soe Win, Deputy Minister for Planning and Finance, Deputy Attorney General, Kayin State minister for planning, finance and development affairs, Pyithu Hluttaw financial sector development committee chairman, Myanmar Ambassador to China U Thit Lin Ohn, departmental officials, Myanmar Consul-General in Nanning U Soe Thet Naung, departmental officials, officials from Union of Myanmar Federation of Chambers of Commerce and Industry and sister associations, Myanmar and China business owners and officials.
Later, Vice President U Myint Swe and party went to Chongzuo and attended a luncheon hosted by Chongzuo Communist Party Committee Secretary Chongzuo People’s Congress Standing Committee Chairman Mr. Liu Youming.
After the luncheon, Vice President U Myint Swe and party visited the Pin Xiang Integrated Free Zone at China-Viet Nam Youyi Guan border gate and Fruit City on the China-Viet Nam border. In the evening Vice President U Myint Swe and party returned to the Liyuan State Guest House in Nanning.