Myanmar business leaders will
work together with Japanese entrepreneurs
to implement the development
plan for the country’s
enterprises (SMEs), according to
the Union of Myanmar Federation
of Chambers of Commerce and Industry
U Zaw Min Win, president of the UMFCCI, said that the representatives of the federation will leave for Japan’s Osaka, a large port city and commercial center, last week of this month to sign a cooperation agreement with Japanese officials.
The delegation schedules to stay there between 25 and 28 April.
This is part of the federation’s efforts to promote the developing SMEs, which need monetary assistance for further business expansion.
After signing the bilateral agreement with Japan, better opportunities for SMEs will be created through special programmes designed under the agreement.
The development strategies for SMEs are planned to be submitted to the government, said U Zaw Min Win.
He also said that elimination of all forms of illegal trade through collaborative efforts of the government and private entrepreneurs plays an important role in promoting the country’s economy.