Dec 13, 2011

Myanmar-Japan economic cooperation committees to meet in Yangon

Economic cooperation committees of the Union of Myanmar Chambers of Commerce and Industry (UMFCCI) and the Japan Chambers of Commerce and Industry (JCCI) will meet here on Tuesday to seek ways of boosting trade and investment between the two countries, according to the UMFCCI Monday.

The 8th Joint Meeting of the two business organizations, to be attended by Myanmar entrepreneurs and a 50-member delegation led by the JCCI chairman Kouhei Watanabe, will discuss reciprocal trade between businessmen of the two countries and boosting of investment.

A paper reading session on economy-related opportunity will also be attached and views will be exchanged, the sources said.

The 7th joint meeting of Myanmar-Japan economic cooperation committees was held in Yangon last year.

According to figures, Japan injected a total of 211.9 million U. S. dollars as of May this year since 1988, standing the 12th in Myanmar's foreign investors line-up.

Source: Xinhua