Myanmar, RI to raise trade

Myanmar, RI to raise trade

YANGON (AFP): The Myanmarese government has agreed to increase
trade and investment with Indonesia, the state-run Mirror
newspaper said yesterday.

It said the decision was taken Thursday at a meeting attended
by two vice premiers and members of the cabinet, and followed a
visit to Indonesia last December by a member of the Myanmarese
junta.

During the visit by Lieutenant-General Khin Nyunt, the
Indonesian government launched an organization called the
Indonesia House to promote trade and investment between the two
countries.

The Indonesia House earmarked eight areas for investment in
Myanmar, including the construction of a private broadcasting
station and building factories to make forest products, food,
consumer items, cigarettes and textiles.

Myanmarese officials agreed at the meeting Thursday to
implement the projects with Indonesia as soon as feasible.