Press Release Launch of the Myanmar-EU Trade Helpdesk at Myanmar Trade Promotion Organization, in Yangon YANGON, Myanmar - We are very pleased to inform you that the Myanmar-EU Trade Helpdesk is established with the purpose of promoting exports and trade flows in general between Myanmar and the EU, at Myanmar Trade Promotion Organization on 27 May, in Yangon. “The objective of this Myanmar EU Trade Helpdesk is to provide trade, economic and market information to Small and Medium-sized Enterprises (SMEs) in Myanmar and at the same time to provide the information about Myanmar market to the potential buyers and investors from EU,” said Mr. Aung Soe, Director General of Myanmar Trade Promotion Organization (MYANTRADE). “This helpdesk is mainly targeted for the SMEs that wish to know and to explore EU markets,” he continued. The Trade Development Programme (TDP) is supporting the Myanmar Trade Promotion Organization to operate the helpdesk in a sustainable way for the development of export markets for Myanmar products. All visitors, local suppliers and buyers, can get trade information from this desk especially about market information, export requirements, matchmaking and networking between EU enterprises and Myanmar SMEs. Staff from MYANTRADE will be present at the desk to answer the queries and to provide the required information for the visitors. “The EU is a demanding market with many regulations on safety, health, or environmental issues, or ethical concerns, but also with attractive pricing levels. If a company can make the effort to enter that market, then it can also enter other highend export markets. The Myanmar-EU Trade Helpdesk offers you the right starting point. We believe that this information helpdesk will support the economic goal of Myanmar to triple the export volume in the coming five years. Moreover, we are here to help Myanmar for its reintegration into the global market after many years of isolation,” said Mr. Frits Ferdinand Hendriks, Team Leader of the Trade Development Programme (TDP). “As you know, EU is the world’s largest economy and trading bloc. Trade promotion is an essential component of the technical assistance the EU has been providing to Myanmar through the Trade Development Programme. All imports to the EU from Myanmar are duty-free and quota-free, with the exception of armaments,” said Mr. Lorenzo Pascotto, Programme Officer from the Delegation of the European Union to Myanmar. The European Union Delegation will cooperate with this information corner to provide one stop information service for exporting and importing the products between Myanmar and the EU market. Preferential trade relations under the Generalized System of Preferences (GSP) between Myanmar and the EU were restated in July 2013 and the export volume to the EU increased double in 2014. The top export products to the EU market are agriculture products, aquaculture products, apparel and accessories, pearls and precious stones and edible vegetable including beans. In 2015, EU-Myanmar bilateral trade in goods reached over € 1.2 billion, a 38% increase compared to the previous year 2014 and a 300% growth from 2012 (€ 404 million). Exports from Myanmar to the EU in 2015 (€ 675 million) increased by 72% compared to 2014 (€ 392 million). Project background The Myanmar Trade Development Programme (TDP) is a three-year technical assistance programme with a budget of 10.5 million Euro and is jointly supported by the EU and Germany and implemented by GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit). The ultimate aim of TDP is to contribute to the enhancement of inclusive economic growth of Myanmar by enabling the country to take advantage of its reintegration into the world trading system. TDP works in close cooperation with the Ministry of Commerce and other Ministries as well as the private sector. The main components of TDP are: (1) Trade Reform (2) Trade Facilitation (3) Food Safety and Sanitary and Phytosanitary Standards (4) National Quality Infrastructure Media Contact: Ms Myat May Zin Media and Communications Specialist Email: [email protected] Office: 01-385 327 (Ext: 207) Mobile: 09-451308439
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