On 22 September 2017, the Royal Thai Embassy in Yangon, in collaboration with the Thai Business Association of Myanmar (TBAM), organized an economic seminar, “Myanmar Insight 2017,” at Sofitel Sukhumvit, Bangkok. The seminar served as a platform to provide updated information on Myanmar’s economic policies and related laws, opportunities for trade and investment, as well as the exchange of experiences and recommendations from successful Thai companies in Myanmar. The seminar ended with a panel on support for Thai businesses from the Royal Thai Government and TBAM, and was attended by around 500 Thai businessmen.

His Excellency Mr. Virasakdi Futrakul, Deputy Minister of Foreign Affairs, Thailand, gave the opening remarks, pointing towards the trend of closer relations between Thailand and Myanmar, especially on economic cooperation, arising from the strong connectivity between the two countries. High government representatives from Myanmar, including His Excellency U Aung Htoo, Deputy Minister of Commerce,         His Excellency U Set Aung, Deputy Minister of Planning and Finance, as well as U Aung Naing Oo, Secretary of the Myanmar Investment Commission, and U Myint Oo, Deputy Director General from the Ministry of Electricity and Energy, also participated in the seminar. In addition, U Moe Kyaw, Central Executive Committee, Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), gave a talk as a representative from the Myanmar private sector.

The Myanmar side provided information on Myanmar’s economic reforms and the latest revisions to the Myanmar Investment Law to boost confidence among investors. The seminar received good feedback from participants, as they obtained comprehensive information about doing business in Myanmar from both the Thai and Myanmar government, as well as Thai and Myanmar private sector, in a friendly atmosphere.

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