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Myanmar Chinese Enterprise Chamber of Commerce establishes Textile and Garment Association to safeguard Chinese interests

Time: 2020-06-05

The Myanmar Chinese Enterprise Chamber of Commerce held an annual meeting in Yangon on April 2 and established the Textile and Garment Association. This is the first industry federation organization established by Chinese companies in Myanmar. It aims to regulate the business activities of textile enterprises in Myanmar. Well protect their own interests.

Chinese Ambassador to Myanmar Hong Liang attended the day’s event and delivered a speech. He expressed the hope that the Chinese Enterprise Chamber of Commerce will continue to strengthen the organization, improve the service function, and enhance the ability to communicate with foreign countries in accordance with the Chamber of Commerce’s "Articles of Association", so that the Chamber of Commerce will become a Chinese enterprise in Myanmar and the Myanmar government. , The community, the Chinese embassy in Myanmar, the bridge of communication, the link of coordination, and the platform for cooperation.

Hong Liang pointed out that China and Myanmar are currently actively working to build the “Belt and Road”, and believe that with the joint efforts of both sides, the “Belt and Road” will open up broad and bright prospects for the future of the two countries. The business circles of China and Myanmar are the main force and vital force for the two countries to jointly build the “Belt and Road”. They hope that Chinese enterprises in Myanmar will operate in accordance with the law, comply with regulations, respect local cultural customs, and actively integrate into Myanmar society. The concept of "Benefit" and the spirit of mutual benefit and win-win cooperation with Myanmar's domestic companies and other countries' companies in Myanmar continue to improve their localization and international operation capabilities, actively fulfill their corporate social responsibilities, and establish a good image of Chinese companies.

Rangoon Chief Minister Wu Biaomindeng said in his speech that Myanmar-China economic and trade relations are becoming closer and closer, and China’s investment in Myanmar has greatly promoted Myanmar’s development and improvement of people’s livelihood. He said that he has noticed that some Chinese enterprises have temporarily encountered some problems and difficulties in their investment and operation activities in Myanmar. The Yangon provincial government is actively providing support and assistance to strive for a proper solution as soon as possible.

There are currently more than 400 garment companies in Yangon, three-quarters of which are invested by China. On February 23, a Chinese-owned garment factory in Yangon was hit and damaged by Burmese workers and foreigners due to labor disputes. The losses were severe. Seven Chinese employees of the garment factory were trapped in the factory at the Chinese Embassy and Myanmar. They were able to leave after negotiations.

The staff of the Preparatory Committee of the Textile and Garment Association expressed their hope that the establishment of the Textile and Garment Association will better condense Chinese-Chinese apparel companies in Myanmar, promote the standardization of business activities, and better safeguard their own interests.

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