Myanmar and South Korea will promote bilateral relations in the country’s small and medium enterprise sectors of agriculture, energy, manufacturing, construction, transport and trading, according to the Union of Myanmar Chambers of Commerce and Industry (UMFCCI). The 29-member trade delegation from nearly 33 firms from South Korea visited Myanmar on a three- day trade mission to explore business opportunities in SME sector.

During the visit, the Trade Promotion Committee of the UMFCCI and the Kangnamgu trade delegation signed the Memorandum of Understanding (MoU) to boost trade and investment and exchange market and business information between the two private sectors.