EU seeks to strengthen economic cooperation with Myanmar

EU Commissioner for Industry and Entrepreneurship Antonio Tajani will travel to Myanmar from Wednesday till Friday accompanied by more than 100 European companies and associations. The aim of the visit is to help both Myanmar and European companies form new partnerships and expand into new markets, announced the EUs executive body in a statement here today. On Thursday Tajani will be co-chair a Business Forum in which high-level officials and representatives of the European and Myanmar business communities will participate. Discussions will focus on five economic areas: tourism, agriculture business, manufactured goods, energy and infrastructure as well as business environment support services. His visit will take place under the umbrella of the EU-Myanmar Task Force chaired by the EU High Representative for Foreign Affairs and Security Policy, Catherine Ashton, which will take place in Myanmar at the same time. The task force's mission to Myanmar will have three main objectives: to support and foster Myanmars economic and democratic transition process; to reinforce EU-Myanmar development co-operation; to promote growth and business opportunities on both sides, noted the statement.