Indonesia-Myanmar Roundtable Dialogue with participants from Indonesian and Myanmar successful entrepreneurs was held at the Sultan Hotel on the same day and stepped up bilateral trade and economic cooperation.
The two countries reaffirmed the commitment to maintain vigorous economic relations at the roundtable dialogue, which took place during the ASEAN Business and Investment Summit held in Jakarta.
The dialogue shed light on promising trade and investment cooperation in various sectors, from best-selling consumer goods to garment manufacturing and energy collaboration and financial and trade transaction matters.
The chair of ASEAN-BAC and the KADIN, Mr M Arsjad Rasjid P M elaborated that “As ASEAN matters as an epicentre of growth, we make sure to leave no one behind. We expect cooperation in the multiple industries of the two nations.
The ASEAN-BAC Myanmar Chair and President of the UMFCCI U Aye Win expressed his deep appreciation to the KADIN for cooperation and support. He highlighted that economic stability plays a pivotal role in accelerating the momentum of regional integration”.
The MoU between the KADIN and UMFCCI covers knowledge sharing, best practices, organizing joint activities like conferences and workshops and prioritizing the promotion of business ventures and projects. Last but not least Indonesia plays a pivotal role in the palm oil supply for Myanmar’s households. Similarly, Myanmar is also crucial in the rice and pulses trade for Indonesia. Thus, dealing with food security is of vital importance, he emphasized in the dialogue.
Source:The Global New Light of Myanmar