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DGMC hosted 2020 Mynnmar-Yangon trade fair online

According to Yonhap News,

Daegu Gyeongbuk Machinery Cooperative (DGMC) said they opened a “2020 Mynnmar-Yangon textile/industrial purpose machinery/parts trade fair” on Nov 11-12. The event, part of 2020 export consortia sponsored by the SMEs ministry and Korea Federation of SMEs, opened a virtual business meeting session in a separate booth in DGMC conference room at the presence of 14 local enterprises in textile, machinery, and auto parts industry, alongside 40 global buyers from Myanmar.

With its great potential and a wealth of resources like oil and natural gas, Myanmar is getting spotlight, being called ‘the last blue ocean in Asia’ recently as one of the most attractive but untouched destinations for investment. The country showed an average growth rate of 7-8 percent, gaining bigger share of global markets.

DGMC is now planning to host another round of the fair in Russia in Dec 1-2.

Source Text

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Source: Yonhap News (Nov 12, 2020)

** This article was translated from Korean.