Myanmar, Brunei eyed as new trade opportunities

Stephen Tai, deputy director-general of the ministry's Department of International Cooperation and Economic Affairs, said Myanmar has rich resources that have attracted the attention of the international community.

Wang Chung-yu, chairman of the Taipei-based Chinese International Economic Cooperation Association, led a group to Myanmar last month and signed a cooperation pact with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), which should be helpful to tap business opportunities there, Tai said.

The association will invite food processing and medical device suppliers to visit the country, he noted.

He also said that it will continue to visit emerging markets that offer good potential, such as Bosnia and Herzegovina, Papua New Guinea, Brunei, Lithuania, Russia, Turkey and the United Arab Emirates.

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