Myanmar and Israel sign an agreement to cement bilateral trade

Israeli Ambassador to Myanmar Hagay M Behar and DICA director general Aung Naing sign a reciprocal promotion and protection of investments agreement between at the DICA office in Yangon yesterday.

Myanmar and Israel sign an agreement to cement bilateral trade

Minister for National Planning and Economic Development Kan Zaw and other ministry officials joined DICA and embassy officials, as well as representatives of the media for the signing ceremony.

The Israeli ambassador said it was satisfying that his last official act, upon completing his mission as the 21st Ambassador of Israel to Myanmar, was signing the agreement.

He also congratulated his Myanmar counterparts for their fast and efficient negotiations, saying this reflected the long -lasting and unique relationship between the two nations. The ambassador said he was confident the agreement would encourage more Israeli investment in Myanmar, expand bilateral trade, and contribute to the development of Myanmar’s business sector and national economy.

Source: The Nation

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