November 26, 2015

Myanmar hopes to boost South Korea trade ties

Fresh from their second outing in Seoul, Myanmar producers are looking forward to enhanced trade with South Korea, particularly in value-added products. The experience will also be useful in the ASEAN economic community that is due to come into effect next month, they said.

Nine Myanmar companies took part in the “ASEAN Fair 2015: Touch and Taste ASEAN” from November 18 to 21, along with about 100 companies from other countries across the regional bloc.

The event was organised by the ASEAN-Korea Centre as its yearly flagship program showcasing food, beverages, culture and tourism in the 10 ASEAN countries.

Participants from Myanmar included Ah Yee Taung tea leaf company, cashew nuts from Cheen Cheen, traditional htoe mout from Myint Myint Khin, green tea from Power Maw Shan, dried mango from Tha Zin New Family Trading, coffee from Ywar Ngan, and companies Golden Horse, Kaung Ko Group and Myanmar Phoenix Manufacturing.

Daw Mya Mya Sein, deputy director of the Myanmar Trade Centre under the Ministry of Commerce, said in Seoul last week that it was Myanmar’s second trip to the Korean trade show.

“This year, we showed dried mango, as well as noting the high demand for roast beans and white cow peas in Korea,” she said.

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