Ministry News

Myanmar Delegation led by Union Minister for Investment and Foreign Economic Relations and Chairman of the Myanmar Investment Commission (MIC), U Thaung Tun attended the 4th Belt and Road Summit held in Hong Kong Special Administrative Region (SAR), 11-12 September 2019.


The Summit, organized by the Government of Hong Kong SAR and the Hong Kong Trade Development Council, aims to promote business collaboration through the Belt and Road international platform. The event also provided an opportunity for senior government officials and private sector leaders to exchange views on multilateral cooperation and explore concrete business opportunities. The Summit was attended by over 5800 participants from 69 countries and regions along the Belt and Road.


The Union Minister participated as a panelist in the panel on Policy Dialogue held on 11 September. He pointed out that both Hong Kong and Myanmar are a strategically located and that they complemented each other. Hong Kong, he observed is not only a logistic but also a gateway to China. Myanmar, on the other hand, is the fastest growing economy in the ASEAN Region. The further stressed that Myanmar would continue to work with Hong Kong and other countries along the Belt and Road to achieve sustainable development.


The Union Minister and members of the Myanmar delegation also attended the Belt and Road Annual Roundtable on 12 September. At the roundtable meeting, Union Minister said as part of the ASEAN Countries and the ASEAN Plus Dialogue Partner Countries, Myanmar is committed to facilitating trade and development in the region. He also informed the forum of developments in Myanmar particularly with regard to trade and investment.


The Union Minister also called on Mrs Carrie Lam, Chief Executive of the Government of the Hong Kong SAR, met with Mr. Edward Yau, Secretary for the Commerce and Economic Development of the Government of the Hong Kong SAR. Matters relating to investment promotion and human resource development were discussed in the meeting. The Union Minister was accompanied by the Director General U Thant Sin Lwin of the Directorate of Investment and Company Administration and other senior officers from the Ministry of Investment and Foreign Economic Relations.