The Myanmar-EU Economic Forum in Nay Pyi Taw on June 6 was the second edition of EuroCham Myanmar’s annual signature event on advocacy. The forum hosted by EuroCham Myanmar provided a platform for more than 400 business leaders and policy makers from the Union of Myanmar and Europe to interact and debate key business and trade issues.
H.E. U Myint Swe, Vice-President of the Republic of the Union of Myanmar gave his keynote address, followed by H.E. Kristian Schmidt, European Union Ambassador to Myanmar, Donald Kanak, Chairman of EU-ASEAN Business Council and Zaw Min Win, President of the Union of Myanmar Federation Chamber of Commerce (UMFCCI).
David Levrat, Chairman of EuroCham, officially opened the second MyanmarEU Economic Forum by delivering the opening speech, followed by a gong ring with Zaw Min Win, President of UMFCCI. The panel sessions included leading private sector representatives, high-level government officials and key experts from international organizations and academics. The forum provided an overview of the “Economic transition of Myanmar and Current Business Affairs” and additionally on “Bilateral Investment and Trade Affairs”.
The Myanmar-EU Economic Forum also provided the EuroCham Advocacy Groups with the chance to publicly a c k n o w l e d g e t h e t r e m e n d o u s improvements in business regulations by the government, while pointing out remaining challenges and offering the support of European companies in tackling them. Through this event, European companies acknowledged they would like to see a continued government effort in working constructively on an investment friendly business climate to attract foreign investment, create jobs in Myanmar and assure sustainable and inclusive economic growth. This 2nd edition of the Myanmar-EU economic forum proved to be a great event for businesses to meet and share knowledge on how to improve the business climate and attract more investments.