Off the wire
• Spanish title winner known by 7pm as Barca and Madrid duel it out  • World Bank provides 67 mln USD for two energy projects in Philippines  • Ling Jihua officially charged, to face trial in Tianjin  • Asia driving record New Zealand onion exports  • China's new yuan loans fall in April  • Aussie leaders to go head to head in first election debate  • Companies register plan signals clampdown on New Zealand "tax haven" reputation  • Former Taiwan affairs official under graft investigation  • World's biggest plane set to draw 50,000 onlookers in Australia  • Roundup: 50,000 Myanmar migrant workers quit Thai fishing jobs for home  
You are here: 　 Home

Myanmar to boost garment export to EU

Xinhua, May 13, 2016 Adjust font size:

Myanmar is set to boost export of garments worth 1.14 billion U.S. dollars to European Union (EU) market in the fiscal year 2016-17, official media reported Friday.

The Myanmar Garment Manufacturers Association(MGMA) and French NGO Evalliance signed an agreement to boost the textile exports.

According to the deal, the action plan includes the creation of job opportunities, the enhancement of productivity and the reduction of the country's reliance on other countries for raw materials.

Evalliance's president Jean Francois Limantour said that he expected EU would double its imports of garments from Myanmar in 2017. Myanmar's reform will attract EU to promote cooperation and investment in the country.

The two organizations had signed an agreement to set garments export valued at 450 million U.S. dollars in last year. Endit