Saturday, January 18, 2025

Union-Level MSME product exhibitions and competitions to start 10 Feb

 



Vice-Senior General Soe Win noted that MSME businesspersons have to know the demands of importer countries and their disciplines, international trade measures, and trading restrictions of countries.

A meeting to hold the Union-Level MSME product exhibitions and competitions took place at the meeting hall of the Ministry of Industry in Nay Pyi Taw yesterday afternoon, with an address by Chairman of the MSME Development Work Committee Vice-Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win.

In his speech, the Vice-Senior General pointed out that businesspersons and officials need to organize discussions to understand changes in customer behaviours, technology, information, investment, and market trends at home and abroad, digital system transformation, and implementation of online banking systems.

He noted that they have to study the transformation of the in-person purchase system to an online marketing system, and the use of products by the people.

He continued that those businesspersons need to apply online marketing and online payment systems on a wider scale if they follow the market transformation process.

The Vice-Senior General underscored that advanced products will emerge from MSME exhibitions and competitions, and the export of these products can earn foreign exchange.

With regarding efforts to export their quality products, he highlighted that MSME businesspersons have to know the demands of importer countries and their disciplines, international trade measures, for example, requirements of permit from the General Administration of Customs of the People’s Republic of China (GACC) to export products to China and trading restrictions of other countries.

Union Minister for Industry Dr Charlie Than reported on plans for the MSME exhibitions and competitions, products to be displayed by ministries, regions and states including Nay Pyi Taw, prizes for competitions, and implementation of the guidance of the Prime Minister.

Chairman of the Organizing Work Committee Deputy Minister for Industry U Yin Maung Nyunt presented the formation of subcommittees and arrangements for the exhibitions and competitions.

After hearing the successful holding of the event in their respective sectors presented by officials, the Vice-Senior General gave necessary remarks.

Also present at the meeting were Nay Pyi Taw Council Chairman U Than Tun Oo and officials.

The exhibitions and competitions will take place at Tabaung Ground, south of Uppatasanti Pagoda, in Nay Pyi Taw from 10 to 14 February. It will accommodate some 80 booths of ministries, regions and states, traditional ethnic foods, business-to-business linkages, technological booths, foreign machinery and product booths, small-scale industries and manufacturing cooperative booths, and 31 kinds of products will be honoured with awards.

Union-level MSME product exhibitions and competitions aim to continuously enhance the products and services of MSME businesses, to use new value-added products at home and penetrate foreign markets, and enhance collaborative efforts among MSME businesses in regions and states to supply the needs of regions each other in the production chain and seek weak and strong points of processes, encourage relevant one region-one product businesses to have success, further create linkages between MSME businesses and internal and external investors, award Union level MSME model product prizes and enable MSME businesses to operate in the long run.

MNA/TTA

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