China’s Yunnan Province and Myanmar signed a series of trade accords here Thursday at a trade and investment promotion meeting between the province and Myanmar.

The seven trade documents include a memorandum of understanding of the integrated agriculture demonstration farm, an agreement on exploration and excavation of iron core, two mineral cooperating development agreements in Nan Mu Do and Indawgyi areas in Myanmar, a minutes of intentional cooperation agreements on collaboration in transboundary animal disease control, a 20,000 tons steel products export contract and a 60,000 tons chemical fertilizer export contract.

The documents were signed between a visiting Chinese provincial delegation, led by Governor of Yunnan Province Qin Guangrong, at the trade and investment promotion meeting co-hosted by the Yunnan Province People’s Government and the Myanmar Ministry of Commerce, and co-organized by the Department of Commerce of Yunnan Province and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), which is the biggest business organization in Myanmar.

The China (Yunnan)-Myanmar Trade and Investment Promotion Meeting was attended by Qin and Myanmar Minister of Commerce Brigadier-General Tin Naing Thein, Chinese Ambassador to Myanmar Guan Mu and Economic and Commerce Counselor Tang Hai as well as UMFCCI Chairman U Win Myint. The meeting was joined by a total of over 600 businessmen from over 400 companies from both sides.

The meeting covered discussions on mutual cooperation dealing with timber, bamboo and furniture, rubber, hydroelectric project, construction, mining, transportation, tea product, beverage, sugar mill, textile, fertilizer and chemical, electric and electronic products, livestock and fisheries, machine parts and farm equipment.

According to Chinese official statistics, China-Myanmar bilateral trade hit 1.46 billion US dollars in 2006, up 20.7 percent from 2005. Of the total, China’s exports to Myanmar took 1. 207 billion dollars, up 29.2 per cent, while its import from Myanmar stood 252 million dollars, down 7.9 percent. China enjoyed a trade surplus of 955 million dollars during the year.

Among them, trade between the Yunnan province and Myanmar amounted to 692.08 million dollars during the year, up 9.6 percent from the previous year. Of the total, Yunnan’s exports to Myanmar represented 521 million dollars, while its imports from Myanmar was valued at 171 million dollars, the figures show.

The 350-strong Chinese provincial delegation arrived in Myanmar on Wednesday on a goodwill visit in a bid to strengthen the friendship and economic and trade ties between the Yunnan province and Myanmar.