April 30, 2016

Poland and Myanmar sign Memorandum of Understanding

“You have come a long way”, U Zaw Min Win, Vice President of the Union of Myanmar Federation of Chambers of Commerce (UMFCCI), pointed out at his welcome speech for polish business leaders in an office tower in Yangon yesterday.

It is not quite sure if he is referring to the nearly 4000 miles air distance from Poland to Myanmar or to the economic success of this European country. Poland's economy has grown continuously since its membership in the European Union (EU) in 2004. It was the only country in the EU that could keep this increase even during the world financial crisis in 2009.

Hoping to maintain this streak of success in the future, the Polish Chamber of Commerce signed a Memorandum of Understanding (MOU) together with the UMFCCI on the 28 April. Representatives from eleven polish companies from food, IT and machinery sectors attended the ceremony to seek better relationships with local businesses. (Courtesy of Mizzima)

No comments:

Post a Comment