Arab Today, arab today s korea myanmar agree to launch talks on investment guarantee pact
Last Updated : GMT 12:33:12
Arab Today, arab today
Arab Today, arab today

S Korea, Myanmar agree to launch talks on investment guarantee pact

Arab Today, arab today

Arab Today, arab today S Korea, Myanmar agree to launch talks on investment guarantee pact

Seoul - FANA

South Korean President Lee Myung-bak and Myanmar President Thein Sein agreed Tuesday to launch negotiations to forge an investment guarantee pact between the two countries to lay the foundation for greater economic cooperation. The two leaders reached the agreement in summit talks in Seoul, pledging to work closely together to bolster trade and investment between the two mutually supplementary economies as the Southeast Asian nation pursues reform and openness, the presidential office said in a statement. Thein Sein arrived in Seoul on Monday for a three-day state visit. His trip follows Lee’s landmark visit in May to the Southeast Asian nation that has been emerging from international isolation with sweeping democratic reforms since Thein Sein took power last year after decades of military rule. Democratic reforms have made Myanmar an attractive destination for investment. About three times the size of the Korean Peninsula, the country has one of the world’s largest natural gas reserves and big deposits of iron ore, zinc, nickel and other mineral resources. Myanmar is also considered a strategic foothold linking huge markets in nearby China and India. Though one of the world’s poorest nations, with an annual per capita income of USD700, Myanmar has a high literacy rate and could provide cheap, quality labor for companies. Lee and Thein Sein also agreed to continue cooperation in existing gas development and power plant projects in Myanmar and work actively together to boost cooperation in energy and resources development, infrastructure and construction, the office said. The two sides also signed a framework agreement on grant aid. South Korea also agreed to seek projects to share its economic development experience with Myanmar and signed a memorandum of understanding calling for cooperation in Myanmar’s efforts to establish a state research think tank on economic development.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea myanmar agree to launch talks on investment guarantee pact Arab Today, arab today s korea myanmar agree to launch talks on investment guarantee pact

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea myanmar agree to launch talks on investment guarantee pact Arab Today, arab today s korea myanmar agree to launch talks on investment guarantee pact

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday