VP Myint Swe addresses opening of 6th ACCMSME

VP Myint Swe addresses opening of 6th ACCMSME
Published 6 November 2018
EMG reporter

Vice President Myint Swe attended an opening ceremony of the 6th ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (6th ACCMSME) at the Park Royal Hotel in Nay Pyi Taw on Monday, according to a press release issued by the President Office.

Addressing the opening ceremony of 6th ACCMSME, the Vice President said the ASEAN SME Agency Working Group (SMEWG) was formed in 1995 with the aim of including micro businesses and cooperating with ASEAN Working Groups. It was expanded and renamed the ASEAN Coordinating Committee on Micro, Small and Medium Enterprise (ACCM-SME) in 2016.

He expressed his delight in the committee's drawing of an ASEAN 2016-2025 strategic plan for the development of micro, small and medium enterprises- MSMEs in the ASEAN region.

"Today's meeting is crucial for the development of MSMEs in the ASEAN region. The five strategic work processes for the development of MSMEs in the region are to increase production capacity, technology and innovation, support in obtaining capital investments, expand markets, regulate an international-level policy and legal framework and encourage entrepreneurship and human resource development,"  said the Vice President.