Dutch trade team visits Myanmar

A Dutch trade delegation flew into Yangon on October 29 for a five-day mission.
The delegation plans to visit industry associations, including the Union of Myanmar Federation of Chambers of Commerce and Industry, and will also hold talks with government officials.
During the trade mission, the Dutch Centre for the Promotion of Imports from Developing Countries (CBI) will organise a training session on EU market access for Myanmar producers.
Delegation leader and director of the Netherlands Council of Trade Promotion Gerard Vaandrager said the recent opening up of Myanmar was highly attractive to international companies.
“The growth potential is enormous. But at the same time there’s reason to be cautious. The new investment law is still under debate and potential investors benefit by clarity and business security,” he said.
“It’s important the law is agreed upon and ratified soon. Our main aim now is to be here, to learn and to forge relationships we can build upon in the future,” he said.
He added that some deals have been struck already.
“As a result of our first mission one of the participants is advising on port development. Another participant is supplying trucks. It’s still early days, but there are opportunities to be had in virtually all business sectors.”

Source mmtimes