March
7, 2018
Vice
President U Myint Swe met with entrepreneurs in Yangon yesterday, calling for
close cooperation between the government and businesses for the development of
the private sector.
The
vice president made the remark in his opening address at the 15th meeting with
leaders of the private business sector at the Union of Myanmar Federation of
Chambers of Commerce and Industry yesterday.
The
two sides had held a meeting in October 2016, when businesspersons submitted
225 points of their difficulties to the union government.
U
Myint Swe pledged to solve the remaining points of difficulties through the
private-public dialogue model.
In
his opening address yesterday, U Myint Swe also invited the private sector to
cooperate with the government in its efforts to ease rules, promote small and
medium enterprises, develop the trade sector, provide vocational training and
build infrastructure.
Reforming
the private sector plays an important role not only in the country’s economic
sector but also in promoting the socio-economy of the people, because more than
90 per cent of the country’s economy relies on the private sector, said Vice
President U Myint Swe.
The
value of foreign trade has reached more than US$28.6 billion until February
this fiscal year, registering an increase of more than $4 billion compared with
the same period last year.
In
the trade sector, more than $23.6 billion came from the private sector, making
up 83 per cent of the foreign trade.
The
vice president also thanked the peasants and traders for achieving a record
high of rice exports in 70 years.
He
also informed the private sector that the union government had formed 11
groups, led by the deputy minister for commerce, aiming to raise Myanmar’s spot
in the Ease of Doing Business Report of the World Bank.
During
the meeting, the two sides discussed obstacles faced by the private business
sector and matters related to the development of the fuel, rubber and fishery
sectors.
Ref;
The Global New Light of Myanmar
No comments:
Post a Comment