NEW POLICIES: FOREIGN INVESTMENT VS NATURAL RESOURCES ----------------------------------- Vice-president U Nyan Tun addressed the meeting of National Economic and Social Advisory Council NESAC held in Nay Pyi Taw, yesterday. He highlighted the importance of adopting policies to prevent excessive exploitation of natural resources while cooperating with foreign investors for the growth of the country. He also underlined to learn from the experiences of other countries to avoid negative repercussion caused by foreign investment. Although foreign investment is essential, he pointed out that countries cannot solely rely on them in the long run. So, capacities building of own citizens play an important role for sustainable growth of the country. He concluded his speech by advising those present to develop strategies for HRD through foreign investment, trade and development aid. At the subsequent meeting, experts from prominent foreign universities, global and local financial institutions, senior officials and members of NESAC discussed solutions to solve the economic problems being faced by Myanmar.
Posted on: Tue, 12 Aug 2014 07:10:25 +0000
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