December 15, 2016

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Work committees highlights preparations for ASEAN Economic Community

Nay Pyi Taw, 23 Dec — Participants are to discuss hosting the ASEAN Summit and related meetings and requirements to implement ASEAN Economic Community-AEC Scorecard within one year, Chairman of AEC implementation committee Union Minister for National Planning and Economic Development Dr Kan Zaw told the meeting of work committee on raising production and market competitiveness in ASEAN region at the ministry, here, on Tuesday.
Chairman of the e-Commerce work committee Deputy Minister U Thaung Tin discussed preparations for emergence of e-Commerce and participation of ministries, Chairman of skilled labourer free migration work committee Deputy Minister U Htin Aung, formation of subcommittees and preparations for competitiveness in AEC, and Chairperson of monetary free circulation work committee Deputy Governor of Central Bank of Myanmar Daw Khin Saw Oo, easing restriction about monetary affairs, signing of agreements in ASEAN and foreign aid.
Officials, drawing of IAI Work Plan-III, progress of IAI Work Plan-II, IAI annual report, construction of ASEAN Highways, difficulties in seeking foreign loans, avoiding double taxation, tax payment of companies, more participation of private sectors, promulgation of intellectual property rights law, establishment of national IP office and training of staff for the office, smooth trade process, establishment of ASEAN Single Window and National Trade Repository, participation of Myanmar in Self-Certification Pilot Project-I, drafting the competitiveness law, formation of consumer dispute groups in regions and states, matters related to manual books for one village, one product, establishment of ASEAN SME Service Center Web Portal, cash assistance for SMEs, economic cooperation between ASEAN and dialogue partner countries, effectiveness of agreements, investment matters in Myanmar, progress of AEC research and implementation of sectors.The union minister reviewed the discussions of meeting participants.

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