South Korean companies interested in investing in Myanmar

In addition to companies currently investing in Myanmar, there are also South Korean companies interested in investing, said Mr. Bae Byung-soo, acting charge d'affaires of the South Korean Embassy in Myanmar. The acting charge d'affaires of the embassy stated this when he met with Dr. Khin Naing Oo, Governor of the Central Bank of Myanmar, at the meeting room of the Central Bank of Myanmar in Naypyidaw on September 24. The acting charge d'affaires of the embassy also said that investment in Myanmar would benefit both Myanmar and South Korea. The Governor of the Central Bank of Myanmar also said that discussions would be held to enable direct payment in the currencies of regional countries, including South Korea, to facilitate future trade. It is understood that during the meeting, matters related to banking between Myanmar and South Korea, matters related to foreign currency, and the status of South Korean bank branches and their subsidiaries operating in Myanmar were also discussed.