Myanmar established a trade office in Taiwan earlier this week to promote bilateral trade relations, a move welcomed by the Ministry of Foreign Affairs.
In a statement yesterday, the ministry said the Myanmar Trade Office opened in Taipei on Monday and is headed by the Burmese Ministry of Commerce’s Thet Lwin Oo.
The office would be responsible for promoting bilateral trade, investment, business, transportation, tourism and agriculture cooperation, the ministry said.
Myanmar, a Southeast Asian country of 51 million people, does not have formal diplomatic relations with Taiwan.
With the Burmese government easing restrictions on trade with Taiwan over recent years, bilateral trade has increased nearly 20 percent from US$281 million in 2013 to US$328 million last year, the ministry said. The ministry said it expects bilateral ties to grow following the opening of the new office in Taipei.
The office’s establishment came after a government-funded international aid agency set up an office in the Southeast Asian country to help with the implementation of cooperative projects between the two countries and to help promote bilateral exchanges.
The Taipei-based International Cooperation and Development Fund opened an office in Myanmar in April last year.
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