11 Jan

THE Sagaing International Trade Fair 2020 was formally opened in Sagaing Region yesterday.

Firstly, Sagaing Region Chief Minister Dr Myint Naing, Deputy Minister for Commerce U Aung Htoo, Consulate General of India Mr Nandan Singh Bhaisora, Regional Hluttaw Speaker U Than, Minister for Security and Border Affairs Col Than Tun Aung, Minister for Planning and Finance U Soe Oo, UMFCCI Vice President U Thein Han and other officials cut ceremonial ribbons and inaugurated the trade fair.

Next, the Chief Minister delivered a speech where he said Sagaing Region is the biggest region and trade plays a central role. Thus, organizing trade fairs like this will allow businesses to link with each other, increase trade perspectives and knowledge, increase high-quality product production to penetrate external markets through regional trade, and increase friendly relations and cooperation in the future.

Next, Deputy Minister U Aung Htoo said the nation is endeavoring to promote trade, investment and travel sectors and cooperation in commerce. He said his ministry did policy amendments and lessening restrictions related to increasing national trade volume and annual trade volumes are now noticeably rising as a result.

The Chief Minister, Deputy Minister and officials then observed the booths at the trade fair. From there, the Deputy Minister visited Saunder’s Weaving Institute in Amarapura Township, Mandalay Region, and observed the textiles, paraphernalia and clothing on display while giving encouragement. —MNA (Translated by Zaw Htet Oo)