THE discussion on facilitating opportunities for investment using the yuan was held at the office of the Directorate of Investment and Company Administration (DICA) in Yan­gon yesterday.

 

It was attended by Union Minister for National Plan­ning, Investment and For­eign Economic Relations U Aung Kyaw Hoe, the Yangon Region Planning, Economics and Finance Minister, the Chi­nese Economic Counsellor to Myanmar and other business persons.

 

Speaking at the event, the Union minister stated that My­anmar, as a member of the Regional Comprehensive Eco­nomic Partnership (RCEP), is cooperating in the implemen­tation of the China-Myanmar Economic Corridor (CMEC), and added that allowing in­vestment to be conducted in the Chinese yuan would help facilitate and speed up trade and investment processes.

 

The attendees discussed investment opportunities, in­vestment conditions in Yan­gon, policy and procedures for investment using the yuan.

 

The Union minister also inspected the operations of the One-Stop Service (OSS) of the DICA after the meeting. — MNA/KTZH