2 July 2023
As the UMFCCI is made up of members who mainly carry out trade and it is an important organization for economic growth of the country, Chairman of State Administration Council Prime Minister Senior General Min Aung Hlaing said.
Chairman of State Administration Council Prime Minister Senior General Min Aung Hlaing met officials of Union of Myanmar Federation of Chambers of Commerce and Industry and associates at UMFCCI headquarters in Yangon at 9.30 am today and cordially held sector-wise discussions on national economic promotion.
The Senior General said the UMFCCI is a trading organization and trade can be conducted when there are goods to be traded. So, the government held discussions with UMFCCI by spending sufficient time.
It is necessary to sell goods in large numbers at reasonable profits while taking the interests of the country into consideration. As the country does not produce some goods and has to rely on imports from other country, it is necessary to boost production in the country, he said.
The government has been encouraging MSMEs to boost production and to substitute imports since it took office. Measures are being taken to export surplus goods to other countries after fulfilling domestic demands. It is necessary for the UMFCCI to take measures to cooperate in national economic promotion efforts of the government, he added.
The government is taking measures for the benefits of the country, all responsible officials are required to cooperate with the government. As administrative officials carry out administrative affairs, people in the agriculture and livestock breeding sector produce raw materials and manufacturers produce goods. Traders and producers are urged to take measures for mutual benefit as they have to rely on each other as the former can conduct trade when there are goods to be traded, the Senior General urged.
Further measures will be taken after reviewing the discussions seriously to carry out tasks for mutual benefit. Arrangements will be made to hold discussions between central executive committee members and officials from brotherhood organizations and union ministers and officials from the respective ministries.
Then, the Senior General said the needs for economic promotion of the country at the meeting today and thanked the participants for discussions and exchange of views by spending sufficient time.
