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U.S. commerce secMyanmarretary reaffirms commitment to closer ties with Myanmar

English.news.cn   2014-06-06 20:18:41

YANGON, June 6 (Xinhua) -- U.S. Department of Commerce Secretary Penny Pritzker reaffirmed on Friday the United States' commitment to closer economic and commercial ties with Myanmar.

According to a press release by the U.S. Embassy in Yangon at the end of her two-day Myanmar visit, Pritzker met with President U Thein Sein, Vice President Nyan Tun, Speaker of the Lower House Thura U Shwe Mann and several government ministers during the trip in Nay Pyi Taw and discussed the United States' commitment to economic engagement in the Asia-Pacific region, deepening responsible U.S. investment in Myanmar, and supporting continued reform.

She also met with Chair of the Lower House's Rule of Law and Tranquillity Committee Daw Aung San Suu Kyi, civil society leaders, and executives from leading U.S. companies investing in the country.

Pritzker revealed that as of the end of April, U.S. companies have planned to invest 243.6 million U.S. dollars in Myanmar's economy.

To promote new investment, Pritzker announced the opening of the first-ever U.S. Foreign Commercial Service office in Yangon.

She joined APR Energy to highlight the signing of a large-scale turnkey power contract that will lead to construction of one of the largest thermal power plants in the country providing power to more than six million people.

In addition, she joined Ball Corporation to announce plans to build an aluminum can factory outside Yangon.

She also met with the American Chamber of Commerce Myanmar Chapter to discuss responsible business practices, community development efforts, and other aspects of good corporate citizenship.

Editor: Xiang Bo
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