Myanmar Business Delegation: Delegation to attend Business Forum and Exhibition

A Myanmar business delegation, comprising about 134 members organized by the Myanmar-China Investment and Trade Promotion Association, departed from Yangon International Airport to attend the Myanmar-China Investment and Trade Forum and Investment Promotion Event to be held in Shanghai, the People's Republic of China, during the visit of the President of the Republic of the Union of Myanmar.

The delegation reportedly includes a wide range of businesspeople from various sectors, including rice and paddy entrepreneurs, pulse and sesame growers and traders, fruit growers and traders, rubber entrepreneurs, and those involved in the energy sector and EV automotive industry, etc.

As Myanmar is a country that primarily relies on agriculture, China is a major neighboring partner deeply cooperating in the rice sector. According to last year's rice trade figures, approximately half of Myanmar's rice exports were shipped to China.

U Ye Min Aung (Chairman), Myanmar Rice Federation said "China is a major neighboring partner that has been deeply cooperating with us in the rice sector. Out of nearly 2 million tons of rice export, about 1 million tons, nearly 400 million USD worth were exported to China. China has the capacity to expand its purchases of premium rice varieties, including Paw San, as well as other types of rice. Through this forum and exhibition, we hope to gain more opportunities to further expand trade and investment between the two countries in the agricultural sector, especially in rice, as well as to promote rural development, agricultural development, and export promotion in Myanmar through broader and deeper cooperation."

It is also learned that MSME products, as well as Myanmar handicrafts and cultural items, will be showcased at the forum and exhibition to be held in Shanghai.

Daw Sandar Khin (Chairperson), Myanmar Cultural Heritage Trust/ Member of MCITP said "As a member of the Myanmar-China Investment and Trade Promotion Association, I will be going to display products made in our country. We will be showcasing Myanmar's cultural handicrafts, such as lacquerware, silverware, bronze items, culturally based textile handicrafts, and traditional food items. To highlight the custom of eating fresh tea leaves, we will display various types of tea leaves, as well as local products based on peanuts, sesame, and palm sugar. Additionally, we will also include thanakha in our exhibition."

The Myanmar-China Investment and Trade Promotion Association, officially established as a bilateral trade facilitator aims to foster integration of Chinese and Myanmar enterprises, promote technology transfers, and boost and the delegation's visit aligns with broader state-level economic agreements and includes exhibits focused on Myanmar's agricultural and MSME products, it’s learnt.