News dalla rete ITA

4 Ottobre 2019

Birmania

MYANMAR EYES ON OPPORTUNITIES OF MYANMAR-INDIA-CHINA ECONOMIC CORRIDOR

Myanmar the doorway to ASEAN, the government will try to establish in Myanmar-India-China economic corridor, says Yangon Region Chief Minister U Phyo Min Thein. The potential for Myanmar to become a trade hub is a good place for its location between a developing country and its populations U Phyo Min Thein said during a dinner to mark the foundation of Myanmar-India-China. Friendship and Development Association and the signing ceremony of a memorandum of understanding among Chinese traders, the India-Myanmar Chamber of Commerce and 10 local business associations on September 27 U Phyo Min Thein added that Myanmar needs to promote cooperation in peace, development and democratic nation. The friendship between the two countries. "Myanmar-India-China Friendship and Development Association will promote economic cooperation between China and India in construction and steel manufacturing," said U Zaw Zaw Naing, vice chair of the association. Myanmar's neighbors China and India, the world's largest markets. If they offer help in developing agriculture, industry, transportation, and other sectors, Myanmar will benefit and China is Myanmar's second-largest investor. China has invested US $ 20.8 billion in Mynamar as of August this year, accounting accounted for more than 25 percent of total foreign investment in Myanmar. India stands in eleventh with investments of US $ 768.6 million. Trade between China and Myanmar totalled US $ 9.6 billion last year, while the volume with India was US $ 1.16 billion. (ICE BANGKOK)


Fonte notizia: Myanmar Times