Thailand: Myanmar President Visits Laem Chabang Port

During the official trip to Thailand, the President of Myanmar has paid a visit to the country’s key investment and industrial hub in the eastern seaboard. He is scheduled to meet with Prime Minister Yingluck Shinawatra today to discuss and sign three memorandums of understandings (MOUs).

The issues included in the MoUs are the overall economic and industrial development of Thailand, the management of the country’s eastern economic area and Thailand’s investment promotion, and Thailand’s linkage with the Dawei deep sea port which will be the major topic of the MoUs.

The three MoUs are to reaffirm the relationship and cooperation between the 2 countries regarding the development of southern Myanmar and Thailand’s eastern seaboard especially the MoU signed on Dawei port. The cooperation shows a positive sign of the 2 governments’ willingness to commit to improving the economic relationships in the area.

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Dredging Today Staff, July 23, 2012