US Export-Import Bank lends helping hand to Myanmar
The US Export-Import Bank began to provide credit for trade with Myanmar
on February 6 with hope of supporting US businesses in the market that
is growing robustly since democratic reform.
The US Export-Import Bank began to provide credit for trade with Myanmar
on February 6 with hope of supporting US businesses in the market that
is growing robustly since democratic reform.
Chairman of the Bank Fred Hochberg said the decision delivers a strong signal that the bank was committed to strengthening economic ties with Myanmar as the nation has continued its transition.
Since undertaking the democratic reform in 2011, Myanmar has attracted a large number of foreign investors to its large untapped consumer market, plenty of natural resources including gas and oil, and strategic location bordering China and India.-VNA
Chairman of the Bank Fred Hochberg said the decision delivers a strong signal that the bank was committed to strengthening economic ties with Myanmar as the nation has continued its transition.
Since undertaking the democratic reform in 2011, Myanmar has attracted a large number of foreign investors to its large untapped consumer market, plenty of natural resources including gas and oil, and strategic location bordering China and India.-VNA
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