Published on Wednesday, 04 September 2013 18:39
Myanmar–China trade volume is US $ 6.5 million in 2012 but Myanmar’s contribution in ASEAN- China trading is only over one per cent according to the President.
He said this at the 10th ASEAN- China Expo held at Nanning in People’s Republic of China on September 3.
“This year marks the 10th Anniversary of China-ASEAN economic and investment summit as well as the China-ASEAN Expo. Moreover, this year coincides with the 10th anniversary of China-ASEAN strategic partnership and therefore this year is significant for promoting ASEAN-China strategic cooperation.”
“Our regions become the vital place for the world’s economic development. China is the Myanmar’s biggest investment making country and a total of US $ 14 million have been invested. The total trade volume between Myanmar and China is US $ 6.5 billion in 2012 however Myanmar’s contribution in ASEAN- China is only over one per cent and so it is needed to promote the trade volume.
The inauguration of Myanmar- China Oil and Natural Gas Pipeline project in 2013 is a significant process in Myanmar - China Economic Cooperation. In addition, Myanmar has to take the ASEAN Chairmanship in 2014. When Myanmar acted as the Chairmanship of ASEAN, Myanmar would do its best for strengthening of relationship between the ASEAN countries and China,” said President Thein Sein.
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