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US business delegation visits Myanmar


A major business delegation including 50 representatives of US companies is visiting Myanmar from February 24 to 28.

Myanmar Vice President Sai Mauk Kham (center, right) poses for a photograph with a US business delegation from the American Chamber of Commerce in Singapore at the Presidential Palace in Naypyitaw on August 14, 2012. (Photo: President's office)
Myanmar Vice President Sai Mauk Kham (center, right) poses for a photograph with a US business delegation from the American Chamber of Commerce in Singapore at the Presidential Palace in Naypyitaw on August 14, 2012. (Photo: President's office)
The US Chamber of Commerce announced on Friday that the delegation includes representatives from a wide range of industries, including agribusiness, automotive, electronics, energy, retailing and telecommunications.

It is the first major US business delegation since President Barack Obama’s historic visit to the country in November.

“This delegation trip is an important milestone,” said Tami Overby, Vice-President, Asia, of the US Chamber of Commerce. “We have made tremendous progress in normalizing economic relations between our countries. It is now time to take the relationship to the next level.”

The Chamber’s delegation will participate in a US-Myanmar trade and investment symposium in Yangon, which will bring together senior business executives and government officials from both countries to identify Myanmar’s economic development priorities and objectives, and explore opportunities for expanding US-Myanmar trade and investment across a range of key industry sectors, said a statement by the US Chamber of Commerce.

Following the conference, the Chamber said, the delegation will hold meetings with Myanmar government ministers and senior officials, the US Embassy, development specialists, local NGOs, and others.

The US Chamber of Commerce is the world’s largest business federation and says it represents the interests of more than 3 million firms.


Related articles:
  1. US lifts sanctions on 4 Myanmar banks
  2. Burma-US trade up 200%
  3. Burma is an untapped new frontier, says US think tank
Last Updated ( Monday, 25 February 2013 11:22 )  
The Kachin’s last stand
Since October this year, Burma has been in a state of civil war, with fighting between Burmese military and armed ethnic rebels. The ruling junta started a crackdown on these armed groups.

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