Sponsor of China's Hong Kong Trade Fair is seeking exhibitors and buyers from Myanmar, aiming at strengthening bilateral trade between Hong Kong Special Administrative Region and Myanmar.
According to sources with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) Wednesday, The Hong Kong Trade Development Council (HKTDC) is having talks in Yangon with the UMFCCI for the participation of Myanmar entrepreneurs in the upcoming Hong Kong Trade Fair scheduled for July 6 to 9 at the Hong Kong Convention and Exhibition Center.
Senior Exhibition Manager of the HKTDC Johnny Wong told Myanmar entrepreneurs in an introductory meeting here about the Hong Kong trade fair that the exhibits on display include gifts, decorations, garments, textiles, electronics, badges from around the world and works of Beside Couture in Lebanon and Indonesia-based Italian designer Espen Salberg.
Similar fair will also be introduced in 2010, he said.
According to Myanmar official statistics, Myanmar-Hong Kong bilateral trade amounted to 766.88 million U.S. dollars in 2008, of which Myanmar's import from Hong Kong took 34.8 million dollars, while its export to Hong Kong represented 732.08 million dollars.
Hong Kong SAR stood the third in Myanmar's exporting country or region line-up after Thailand and India, while the fourth went to Chinese mainland with over 500 million dollars.
The HKSAR's investment in Myanmar was registered at 504.218 million dollars in 31 projects standing the 6th largest foreign investor in the country after Thailand, the United Kingdom, Singapore, Chinese mainland and Malaysia.
Source:Xinhua