Bangladesh single-country trade fair in Myanmar

Bangladesh single-country trade fair in Myanmar


Bangladesh’s single-country ‘Trade Fair 2013’ kicked off at the office of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in Yangon Wednesday, aiming to popularise Bangladeshi products.

The Embassy of Bangladesh in Myanmar and the Export Promotion Bureau (EPB), Bangladesh jointly arranged the three-day fair.
Commerce Minister GM Quader inaugurated the trade fair at UMFCCI Hall. Myanmar Commerce Minister U Win Myint was present as the chief guest, according to a message received here.
U Myint Shwe, Chief Minister, Yangon Region and U Win Aung, President, Union of Myanmar Federation of Chamber of Commerce (UMFCCI) were present as special guests.
Both the commerce ministers expressed the hope that close contacts between businessmen of the two countries would boost trade and investment in the days ahead.
Bangladesh Ambassador Anup Kuar Chakma and Vice Chairman, Export Promotion Bureau Shubhashish Bose also spoke on the occasion.
Some 32 stalls are showcasing Bangladeshi products like food and drinks, handicrafts, household utensils, garments, ceramics, services, plastic ware, steel products, home electrical appliance, IT, security technology, construction and building materials, paper, pharmaceuticals, cosmetics and herbal products and the participants are expected to have one-to-one meetings with the Myanmar businessmen at the venue.
The trade fair introduced Bangladesh exportable products with the aim of strengthening trade and investment relations between Myanmar and Bangladesh, promoting Bangladesh exportable products in Myanmar market and enhancing existing normal and border trade between the two countries.
Bangladesh investment in Myanmar amounted to 2.96 million US dollars in two projects, accounting for 0.1 percent of the total as of July 2012 since Myanmar opened to such investment in late 1988 and standing the 29th in Myanmar’s foreign investment line-up.

(Source: UNB)

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