Friday 12 April 2013

Myanmar to draft strategic plan for exports, taking UN support

With the help from the United Nations, Myanmar’s Ministry of Commerce will draft its first ever a 5-year strategic plan aimed at boosting export, Tint Thwin, Deputy Director of the Directorate of Trade, said.


He said that the government told the ministry to come up with a strategic plan as only a few export products from Myanmar can penetrate the international markets, and the local exporters are also weak in market researches.

“Lack of export plan causes many weaknesses in the sector. In a developing country, it is normally required to formulate strategies for searching potential export commodities. As, it was however failed to do so at the times of previous socialist government and military regime, people thought locally and did locally,” Tint Thwin said.

The UN’s International Trade Centre will help to draft the strategic plan, and there will be detailed discussion with them, he added.

Myanmar is currently rely on a few key export products such as natural gas, rice, teaks, beans, pulses, sesame seeds, gems, fish, and shrimps. The export plan will try to search new potential export products, and expand the markets for existing products, a director from ministry of commerce who asked not to be named said.

source: Eleven Myanmar

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