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Thailand to Hold Trade Exhibition i
- Subject: Thailand to Hold Trade Exhibition i
- From: Rangoonp@xxxxxxx
- Date: Fri, 27 Nov 1998 19:45:00
Subject: Thailand to Hold Trade Exhibition in Myanmar - BAD IDEA ISN'T IT.
Thailand and Singapore persist with doing trade for Their Own
purposes, but this trade is adding the Burmese regime and Not the People
of Burma.
Thailand to Hold Trade Exhibition in Myanmar
Xinhua
26-NOV-98
YANGON (Nov. 26) XINHUA - The Thai Ministry of
Commerce will hold its first trade exhibition in Yangon from
December 3 to 6 in cooperation with its Myanmar
counterpart to stimulate trade and investment between the
two countries.
At the four-day show, jointly sponsored by the Department of
Export Promotion of the Thai Ministry of Commerce and its
Myanmar counterpart, a wide array of products and services
of nearly 100 Thai prominent manufacturers and exporters
will be displayed.
The products and services cover automotive parts and
accessories, chemical pharmaceutical products and medical
supplies, construction materials and hardware, electrical
products and parts, fashion goods and textiles, fishery
materials, food, freight forwarding, furniture, hotel and
resort,
warehouse, international education, painting supplies, and
stationery.
Briefing about the exhibition here Thursday, Pensak
Chalarak, Thai Ambassador to Myanmar, said Thailand is
the third largest trading partner of Myanmar after Singapore
and Japan, while the amount of the bilateral trade between
the two countries accounts for only 2 percent of the total
foreign trade volume of Thailand, and such exhibition will
be
held annually in Myanmar.
According to the ambassador, Thai Deputy Minister of
Commerce Pravich Ratanapian will co-inaugurate the
exhibition.
According to Myanmar official statistics, bilateral trade
including border trade stood at 330 million U.S. dollars in
the
1997-98 fiscal year which ended in March, up from 289
million dollars in 1996-97. The balance of trade was in
Thailand's favor.
Thailand, one of the leading foreign investors in Myanmar,
ranked third after Singapore and Britain in investment with
1.24 billion dollars in 42 projects out of the
7-billion-dollar
total foreign investment in the country at the end of March
this year. The investment covers such sectors as oil and
gas, hotels and tourism, livestock breeding and fishery,
industrial estate and transport.