EU vows to build partnership with Myanmar

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Myanmar-EUThe European Union (EU) has vowed to build economic and political partnership with Myanmar and cooperate in the areas of establishing industries and small and medium enterprises (SME), setting standard on raw materials and developing commercial standard and formulating strategies in such sector as tourist, official media reported on November 15.

It was pledged by EU High Representative of the Union for Foreign Affairs and Security Policy Catherine Ashton, who co- chaired the first day of the first plenary session of EU-Myanmar Task Force in Yangon. Ashton is also vice president of the European Commission.

Ashton was quoted as saying that the objectives of the visit of EU representatives of Special Task Force are to support Myanmar’s economic reform and democracy transition process, to enhance development partnership between Myanmar and EU and to boost opportunities for economic growth and development by the two sides. The EU-Myanmar Task Force was established in March.

Meanwhile, European Commissioner for Development Andris Piebalgs also vowed to reinforce development cooperation in some proposed main sectors with Myanmar from 2014 to 2020, namely rural development, education, governance and support to peace building, saying that EU support could increase up to 120 million U.S. dollars per year.

The EU has provided development assistance to Myanmar since 1996 with over 400 million US dollars. Following the political opening of the country, the commission announced a package of support of 200 million dollars for the fiscal year 2012-13 to be spent in the sectors of health and education livelihood.

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Reading Time: 2 minutes

The European Union (EU) has vowed to build economic and political partnership with Myanmar and cooperate in the areas of establishing industries and small and medium enterprises (SME), setting standard on raw materials and developing commercial standard and formulating strategies in such sector as tourist, official media reported on November 15.

Reading Time: 2 minutes

Myanmar-EUThe European Union (EU) has vowed to build economic and political partnership with Myanmar and cooperate in the areas of establishing industries and small and medium enterprises (SME), setting standard on raw materials and developing commercial standard and formulating strategies in such sector as tourist, official media reported on November 15.

It was pledged by EU High Representative of the Union for Foreign Affairs and Security Policy Catherine Ashton, who co- chaired the first day of the first plenary session of EU-Myanmar Task Force in Yangon. Ashton is also vice president of the European Commission.

Ashton was quoted as saying that the objectives of the visit of EU representatives of Special Task Force are to support Myanmar’s economic reform and democracy transition process, to enhance development partnership between Myanmar and EU and to boost opportunities for economic growth and development by the two sides. The EU-Myanmar Task Force was established in March.

Meanwhile, European Commissioner for Development Andris Piebalgs also vowed to reinforce development cooperation in some proposed main sectors with Myanmar from 2014 to 2020, namely rural development, education, governance and support to peace building, saying that EU support could increase up to 120 million U.S. dollars per year.

The EU has provided development assistance to Myanmar since 1996 with over 400 million US dollars. Following the political opening of the country, the commission announced a package of support of 200 million dollars for the fiscal year 2012-13 to be spent in the sectors of health and education livelihood.

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