A memorandum of understanding (MOU) between Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and China Council for the Promotion of International Trade (CCPIT) Hainan Sub-Council on increasing economic cooperation, trade and investment was signed at UMFCCI Office yesterday.
The MOU aims to increase Myanmar-China long term relationship, economic cooperation, investment and trade by creating an economic platform as well as conducting technology exchanges.
In addition to this the MOU includes conducting business meetings, exchange visits of business representatives, exchange of news, information and business opportunities.
UMFCCI Vice President U Thein Han and CCPIT Hainan Sub-Council Chairman Mr. Li Zhijie signed the MOU. — UMFCCI
(Translated by Zaw Min)