Myanmar (Nay Pyi Taw)-China (Lancang) Trade Fair continues its second day

The second day of the Myanmar (Nay Pyi Taw)-China (Lancang) Trade Fair continued at the Myanmar International Convention Centre-II in Nay Pyi Taw yesterday and the business people, departmental staff and people participated in the event.
A total of 65 enterprises from Myanmar participated in the trade fair with 79 booths and 70 Chinese enterprises participated in the exhibition, using about 40 booths, exhibiting domestic foodstuffs, fish paste, dried fish, beans and pulses, dry tea leaf, tea, coffee, garments, cosmetics, rattan and bamboo products, wooden sculptures, furniture and other souvenirs and jewellery items. The booths were crowded with visitors.
Regarding the signing of China-Myanmar bilateral trade cooperation, Dr Thet Lwin Oo, director of the Myanmar Trade Promotion Organization said, “We inked eight agreements with China for bilateral trade- nine Chinese companies and eight Myanmar companies. It is about the procurement of Myanmar’s agricultural products by the China side. It also includes cooperation for other agricultural products like rice, maize and animal feed.
“It also signed the small-scale home use of electronic materials and spare parts. Under the trade fair, the traders of both countries signed after discussing the sections to be cooperated in. By signing it, it will carry out the trade promotion measures. We will resolve the difficulties of companies that signed agreements as much as we can. The Myanmar traders no need to introduce their products by going abroad and they should explore the chances to cooperate in the future by observing the invited enterprises locally”.
U Khin Aung Thet, manager of Six Six Eight Co Ltd, which signed the China-Myanmar Trade Cooperation, said, “It is a wonderful case. We cannot sign such an agreement whenever we open stalls. It is such a special change. As a result, we will sell beans to China. The business is making profits. If our bean is sold out, and they get the products that they want, it will be a win-win situation. We don’t know exactly what kind of bean they will buy. They are satisfied with our samples. The agreement makes income for the country and our company. As we are sellers, we have to find buyers. When the government launch such trade fairs, we no longer have to look for buyers. We want the government to hold such events frequently. We will also try to take part in.”
The trade fair is a sign of the strength of the Pauk-Phaw friendship between Myanmar and China, bilateral trade and economic cooperation and sector-wise cooperation of regional people. The China side exhibited the products that are needed in Myanmar and the Myanmar side showcased potential products in the Chinese market.
The Myanmar (Nay Pyi Taw)-China (Lancang) Trade Fair will be organized from 25 to 28 May. Myanmar merchants can visit the event and discuss or exchange experiences with suitable companies. – Aye Aye Thant/KTZH

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