Myan­mar opens trade of­fice in Tai­wan in bid to boost ties

The China Post - - LOCAL - BY JOSEPH YEH

Myan­mar opened its trade of­fice in Taipei this Mon­day, a move that is ex­pected to pro­mote closer ties with Tai­wan, the Min­istry of For­eign Af­fairs (MOFA) an­nounced yesterday.

In a state­ment, MOFA said the of­fice, of­fi­cially named the “Myan­mar Trade Of­fice, the Re­pub­lic of the Union of Myan­mar,” was opened in Taipei’s Nan­gang Dis­trict.

Thet Lwin Oo, an of­fi­cial from Myan­mar’s Min­istry of Com­merce, is the rep­re­sen­ta­tive to the of­fice, it noted.

The of­fice will be re­spon­si­ble for pro­mot­ing bi­lat­eral ex­changes in trade, in­vest­ment, busi­ness, trans­porta­tion, tourism, cul­ture, agri­cul­ture and an­i­mal hus­bandry, MOFA said.

MOFA wel­comed the open­ing of the trade of­fice, say­ing that the move is ex­pected to en­hance ties that will be ben­e­fi­cial for both sides. The min­istry said it is look­ing for­ward to work­ing closely with the of­fice.

Ac­cord­ing to MOFA, the Myan­mar gov­ern­ment lifted its pre­vi­ous in­vest­ment re­stric­tions on Tai­wanese busi­nesses in Jan­uary 2013. Myan­mar’s Min­istry of Com­merce an­nounced fur­ther poli­cies to make it eas­ier for Tai­wanese busi­nesses to ex­port prod­ucts to the coun­try in April of the same year.

These moves have led to in­creas­ing bi­lat­eral trade and in­vest­ment.

Bi­lat­eral trade for 2014 reached US$328 mil­lion, up 20 per­cent from 2013, MOFA said. The open­ing of the trade of­fice is ex­pected to fur­ther boost bi­lat­eral trade and over­all re­la­tions, it added.

The trade of­fice is lo­cated on the sixth floor of No. 188 Jing­mao 2nd Rd., Nan­gang Dis­trict. The phone num­ber and fax num­ber are: (02) 2789-2100#100 and (02) 2789-1670, re­spec­tively.

The Tai­wan Ex­ter­nal Trade De- vel­op­ment Coun­cil (TAITRA), the na­tion’s ma­jor trade de­vel­op­ment or­ga­ni­za­tion, opened a trade of­fice in Yan­gon, Myan­mar, in Novem­ber 2013. It was Tai­wan’s first trade of­fice in the coun­try.

The of­fice has since served as a plat­form for bi­lat­eral trade co­op­er­a­tion and helps Tai­wanese com­pa­nies ex­plore busi­ness op­por­tu­ni­ties.

In April 2014, the Tai­wan In­ter­na­tional Co­op­er­a­tion and De­vel­op­ment Fund (ICDF,

) , a For­eign Min­istry-funded non­govern­men­tal or­ga­ni­za­tion re­spon­si­ble for in­ter­na­tional aid, also opened its first over­seas of­fice in Myan­mar.

The open­ing of the of­fice boosts Tai­wan’s pres­ence in the coun­try and could fa­cil­i­tate bi­lat­eral co­op­er­a­tion the years to come.

The ICDF of­fice is also of­fer­ing as­sis­tance to help Myan­mar’s gov­ern­ment with rice cul­ti­va­tion and well as in­tro­duc­ing pho­to­voltaics, or so­lar energy, to Myan­mar.

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