Industrial Development: Meeting with the EEC delegation

Deputy Minister for Industry and MSME Development Dr. Aung Zeya received a delegation led by Mr. Dmitry Fesenko, Head of the Division for Monitoring and Analyzing the Industrial Development under the Eurasian Economic Commission (EEC) at the ministry on Thursday.

The meeting focused on enhancing cooperation in industry and MSMEs development between Myanmar and EEC including investment opportunities with member countries and connection with agro-based value-added product networks to accelerate Myanmar’s industry and MSMEs sector. They also discussed technological exchange on machinery and equipment manufacturing, pharmaceutical and medical device manufacturing, iron, consumer food, textile and other products production along with the training of skilled labours.

In order to facilitate connections and cooperation between industrial and business entrepreneurs in Myanmar and business entities from Eurasian Economic Union – EAEU member countries, they cordially exchanged views on drafting Business Matching plans, exchange of information on industrial standards, technology and trading procedures, developing joint ventures and investments between industrialists and businessmen of both sides and cooperation in production of value-added products.

It is learned that the meeting served as a constructive step toward effectively enhancing cooperation between Myanmar and the EEC as well as EAEU member states.