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Malaysian PM Heralds Burma Trade Deals

30 March 2012

Malaysian Prime Minister Datuk Seri Najib Tun Razak uncovered room for positive mutual trade collaboration during his visit to Burma this week, reports Bernama news agency. Najib told a press conference on Thursday that he was examining several new approaches to trade with the military-dominated nation. He said that Burma had offered two new oil blocks to Malaysia’s national petroleum company Petronas. “The President [Thein Sein] hopes that Petronas can provide training to the Myanmar people,” he said. There were also five memorandum of understandings signed between  Malaysian companies and their Burmese counterparts.