A coordination meeting to boost trading and investment was held at the meeting hall of the Ministry of Commerce on 24 April in Nay Pyi Taw.
At the meeting, Deputy Minister for Commerce U Aung Htoo said, “The coordination meeting is being held with the aim of holding a private dialogue to discuss some issues which are under negotiation and to deal with some proposals made by the chairman of the Private Sector Development Committee. There are some 19 points which are still under discussion by the nine associations.”
He added that he was going to resolve some 12 cases proposed by the Myanmar Rice Federation, Myanmar Sugar and Sugar Related Products Merchants and Manufacturers’ Association and Myanmar Automobile Manufacturer and Distributor Association to get a good result.
The Ministry of Commerce is making efforts to boost the trading and investment sector. The process is gaining momentum. As a result, the volumes of investment have been increasing in Myanmar. Moreover, SMEs play a crucial role in the development of the state, and cooperation is being made to adopt a single registration system according to the standard of ASEAN. The members of the association raised some questions regarding the difficulties faced in the process of trading and investment, and the Deputy Minister for Commerce U Aung Htoo answered the questions.