Dec 3, 2014

Norway hopes to expand business ties and economic cooperation with Myanmar

Visiting Norwegian King Harald V said on Tuesday that Norway hopes to expand business ties and economic cooperation with Myanmar.

Addressing at the Yangon University, the king said Norway has long been engaged in Myanmar's development and has established long-term development cooperation with the country.

He also said Norway stands ready to support Myanmar on its path to a sustainable energy future by sharing competence and technology.

The king announced the establishment of a Norwegian scholarship fund for Myanmar students.

On the same day, the king opened the Center of Excellence for Greening and ASEAN Institute for Green Productivity at the Ministry of Science and Technology, funded by Norway.

The institute aims to enhance awareness programs on green technologies and management practices, and to collaborate with ASEAN member states in research and knowledge sharing on green technologies and management practices including joint research, education and training.

During the current visit of the Norwegian King to Nay Pyi Taw, a memorandum of understanding (MoU) on cooperation regarding development programs was signed between the two countries.

The king, accompanied by his queen, arrived in Nay Pyi Taw Sunday on a five-day state visit to Myanmar at the invitation of President U Thein Sein.

The king has met U Thein Sein, Parliament Speaker U Shwe Mann and opposition leader Aung San Suu Kyi.

Source: Shanghai Daily