The Green Banana Myanmar signed an MoU with the Chinese Heilongjiang Chamber of Commerce in Myanmar on 30 June.
The Heilongjiang Chamber of Commerce purchases the quality products produced from banana fibre and greater club-rush (Scirpus grossus), a species of weed, by Green Banana Myanmar. Under the agreement, the seller will not sell or export the products to other companies or organizations within the People’s Republic of China except the buyer, and both parties will cooperate in accordance with their business partnership.
“ Our efforts in entrepreneurship have finally borne fruit. Following the Head of State’s visit to China, we established this connection at a tourism exhibition held at Sedona Hotel, which has now led to the signing of this agreement to export products made from banana fibre and grass. I would also like to invite others who like to make a startup like ours. I am honoured to have been recognized as one of the 119 Outstanding Entrepreneurs and sincerely thank the Head of State and all those who recognized our achievements,” said U Myint Thein, founder of Green Banana Myanmar.
Following the Head of State’s visit to the People’s Republic of China in June, Green Banana Myanmar and Ms Xu Xue Mei, chairperson of the Heilongjiang Chamber of Commerce, signed the agreement for the purchase and sale of premium handicrafts. The agreement represents a practical step in strengthening mutually beneficial economic cooperation between the two countries. The company plans to begin exporting Myanmar handicraft products to four provinces in China starting in August.
The Green Banana Myanmar will export a wide range of products made from banana fibre and greater club-rush to the four Chinese provinces, including scarves, handbags, various styles of footwear, pillowcases, mats, hats, and other consumer goods. Such successful linkage between the startups and overseas has been made possible through domestic trade fairs, tourism exhibitions, and government support. Some entrepreneurs have also expressed their ambition to develop Myanmar’s handicraft sector into a more advanced manufacturing industry through continued entrepreneurial cooperation.
Nyein Thu (MNA)/KTZH
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