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Wednesday, October 21, 2009 - 6.45 GMT |
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SL- Myanmar trade & investment to increase |
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The
Federation
of
Chambers
of
Commerce
and
Industry;
Myanmar's
biggest
business
organization,
and Sri
Lankan
diplomats
recently
met to
seek
ways of
boosting
bilateral
trade
and
investment.
Discussions
focused
on
tapping
potential
markets
in Sri
Lanka
for
Myanmar's
agricultural
produce,
enhancing
cooperation
between
businesses
of the
two
countries
and
holding
trade
fairs to
show
their
products,
reported
Xinhua.
On the
sidelines
of the
Joint
Committee
of
Bilateral
Cooperation
(JCBC)
of
Myanmar
and Sri
Lanka in
early
August,
meetings
between
entrepreneurs
of the
two
countries
were
held to
promote
bilateral
economic
and
trade
cooperation.
In June
this
year,
during
President
Mahinda
Rajapaksa's
state
visit to
Myanmar,
the two
countries
signed
an
agreement
on
mutual
exemption
of visas
for
diplomatic
passport
and
service
passport
holders
and a
memorandum
of
understanding
on
cooperation
in
tourism.
Moreover,
the
Myanmar
government
made a
donation
of
50,000
U.S.
dollars
as
humanitarian
assistance
to the
Internally
Displaced
Persons,
while
Sri
Lanka
helped
establish
a
village,
called
Mitta,
in
Myanmar's
cyclone-hit
Kungyangon
township
in
Yangon
division.
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