Union Minister for Investment and Foreign Economic Relations U Thaung Tun received a delegation led by the US Ambassador Scot Marciel and Mr Alexander C Feldman, President & CEO of the US-ASEAN Business Council at the Ministry of Investment and Foreign Economic Relations in Nay Pyi Taw yesterday morning.
The Union Minister briefed the US delegations on the change and transformation taking place in Myanmar and underscored the growing opportunities for investors.
Delegation members representing US Companies — Abbott, Amazon, Bower Group Asia, Chevron, MasterCard, Visa, Ford, Google, Coca-Cola, Chubb and Diageo —spoke about the current status of their investment in Myanmar.
Union Minister urged the US-ASEAN Business Council members to convey the positive business environment obtaining on the ground in Myanmar to potential investors backhome. He said that the ASEAN Free Trade Area (AFTA) and the Regional Comprehensive Economic Partnership (RCEP) which is scheduled to be concluded next month will create more trade and investment opportunities in Myanmar and the region.—MNA