Myanmar seeks agriculture assistance

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Myanmar rice

During a bilateral meeting between Myanmar President Thein Sein and Philippine President Benigno Aquino III on the last day of the World Economic Forum (WEF) on East Asia on June 7, it was made clear that Myanmar wants to drum up support from its agriculture sector, though that was not the immediate area of focus.

According to President Aquino’s description of the meeting, the “concentration of President Thein Sein was agriculture.” However, companies that were part of the Philippine contingent eyed investment in energy, mining and utilities.

The Philippines has previously conducted programmes to train Myanmar workers in agriculture, a sector that employs over 70 per cent of the country’s workforce. Additionally, in order to establish a bureaucracy in one of the most underdeveloped countries in Asia, the Philippines will be lending the support of its National Economic and Development Authority to train their Myanmar counterparts.

During the trip, Meralco, the Philippines’ largest power distributor, reiterated interest in making investments in Myanmar’s electricity distribution system, while Philex Mining eyed mining projects and Maynilad Water Service is considering wastewater management projects.

President Aquino was quoted as saying by ABS-CBN that he felt uncomfortably when bringing up pro-democracy issues, but “[President Sein] did not become belligerent at what I said, that what was important was to have an inclusive system [as this would] induce stability.”

Myanmar has made momentous reforms over the past year, resulting in a wave of investment and renewed political relations.

To maintain the straight path, President Thein said during the WEF that he was committed to moving the country away from a centralised government and towards market reforms.

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Reading Time: 2 minutes

Reading Time: 2 minutes

Myanmar rice

During a bilateral meeting between Myanmar President Thein Sein and Philippine President Benigno Aquino III on the last day of the World Economic Forum (WEF) on East Asia on June 7, it was made clear that Myanmar wants to drum up support from its agriculture sector, though that was not the immediate area of focus.

According to President Aquino’s description of the meeting, the “concentration of President Thein Sein was agriculture.” However, companies that were part of the Philippine contingent eyed investment in energy, mining and utilities.

The Philippines has previously conducted programmes to train Myanmar workers in agriculture, a sector that employs over 70 per cent of the country’s workforce. Additionally, in order to establish a bureaucracy in one of the most underdeveloped countries in Asia, the Philippines will be lending the support of its National Economic and Development Authority to train their Myanmar counterparts.

During the trip, Meralco, the Philippines’ largest power distributor, reiterated interest in making investments in Myanmar’s electricity distribution system, while Philex Mining eyed mining projects and Maynilad Water Service is considering wastewater management projects.

President Aquino was quoted as saying by ABS-CBN that he felt uncomfortably when bringing up pro-democracy issues, but “[President Sein] did not become belligerent at what I said, that what was important was to have an inclusive system [as this would] induce stability.”

Myanmar has made momentous reforms over the past year, resulting in a wave of investment and renewed political relations.

To maintain the straight path, President Thein said during the WEF that he was committed to moving the country away from a centralised government and towards market reforms.

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