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Agricultural Development Strategy to be Designed

As part of the efforts to design a development strategy for the country’s agricultural sector, workshops will be held starting from May to collect public inputs nationwide, according to the Ministry of Agriculture, Livestock and Irrigation. The ministry will administer the development of the Agricultural Development Strategy (ADS) with technical aid that will be provided by the Asian Development Bank (ADB), the United Nations Food and Agriculture Organisation (UNFAO) and the Livelihoods and Food Security Trust Fund (LIFT). The strategy will be designed in Myanmar and English languages and the drafting process is scheduled to finish at the end of July.

Workshop on the Framework for Private Sector Development and Action Plan Held

A workshop on the Framework for Private Sector Development and Action Plan took place for the first time on April 5 in Naypyidaw. The framework and action plan were created by the Committee for Private Sector Development, led by Vice-President Myint Swe, to uplift and strengthen the private sector of the country in order to make significant effects on national economic growth.

Topics discussed during the workshop spanned the role of development partners who were committed to support the workshops on the Framework for Private Sector Development and Action Plan, improvement of the legal and procedural environment, processes concerned with access to finance, promotion of trade and investment, revision of the role of State in businesses and service industries and fundamental human resource building.

Among the attendees of the event were Minister for Commerce Than Myint, who is the Vice-Chair of the Committee for Private Sector Development, and other union ministers who are members of the committee. Union Attorney-General Tun Tun Oo, deputy ministers Dr. Tun Naing and Win Maw Tun, Vice-Chair at the Central Bank of Myanmar Sett Aung, members of the Working Committee for Private Sector Development, members of the entrepreneur associations, representatives from international institutions which are supporting the development of the private sector of Myanmar, permanent secretaries, director-generals and other officials were also present at the workshop.

‘Business for Peace’ Meeting to Take Place in More Cities

Additional ‘Business for Peace’ meetings will be organised in five cities across the country in cooperation with local governments, officials at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) said.

The plan came after an event with the same title was held at the UMFCCI office in Yangon on April 4. The original meeting was meant to express the voices and support of business entrepreneurs concerning the country’s struggle for peace and it was attended by prominent businessmen, economists and government officials. More ‘Business for Peace’ discussions are scheduled to take place in Dawei, Mawlamyine, Hpa-An, Loikaw and Mandalay, said Zaw Min Win who is chair of the UMFCCI