Representatives of nine top Myanmar based apparel factories went to Paris and Berlin last month to get a better understanding of European markets and European buyers’ requirements.
“The participants were able to gain insights into the multilayered European textile market by visiting two major garment and textile trade shows located in Paris and Berlin,” SMART Myanmar said on its website.
“The trade fairs helped them to establish new business contacts as suppliers and start practice dialogue with Asian and European partners,” Smart Myanmar said.
The Myanmar garment manufacturers said they wished to add more value to their garment production by moving from the so called Cut Make Pack (CMP) business model to the higher margin Free On Board (FOB) production.
A key event of the trip was an intensive dialogue with German buyers during a B2B meeting organised jointly with German Fashion Confederation and the Confederation of the German Fashion and Textile Industry.
Myanmar is not only offering comparably cheap labour, but has also made considerable progress in its reforms of relevant laws that set conditions for doing business in Myanmar added.