Myanmar is set to increase its exports of farmed eels to Japan under a new joint venture between companies from the two countries, reports Bangkok Post.
Myanmar's Anawa Devi Fishing & General Trading Coop Ltd and Daiichi Koutsu Sangyo Co, a major Japanese taxi operator which has diversified into real estate, finance and other businesses, will farm level-finned eels, which are consumed domestically but have not been cultured commercially yet, said Toe Nandar Tin, chairperson of Anawa Devi.
Under the agreement, Daiichi plans to invest $1 million (€1.1