Austrade to open Yangon office

Austrade, the Australian government’s trade promotion agency, will open an office in Yangon this year to help Australian companies break into Myanmar.

The plans for the office were announced in a January 29 press release. An opening date has not yet been set but the office will be in Yangon.


Australian Minister for Trade and Competition Craig Emerson said the Austrade office will support Australian businesses in education and training, financial services, telecommunications, infrastructure, mining and tourism.

“Recognising and responding quickly to new opportunities in Asia’s growth and emerging markets is central to putting the Asian Century White Paper into practice,” Mr Emerson said.

The office is also a part of a strategy for Australia to strengthen its relationship with Myanmar. Last year the Australian government lifted travel and financial sanctions against Myanmar officials as a result of the country’s political reforms.

Austrade’s Bangkok office assists Australian companies with commercial inquiries regarding Myanmar, and since last October has received two to three enquiries a week from Australian businesses, said Austrade communications manager Paul Sanda.

source: The Myanmar Times
http://www.mmtimes.com/index.php/business/3993-austrade-to-open-yangon-office.html