The 20th meeting of the ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (ACCMSME) and related meetings were held at the Parkroyal Hotel in Nay Pyi Taw yesterday.

The meeting was attended by Union Minister for Industry Dr Charlie Than, who is also vice-chair of the MSME Development Central Committee, committee members, relevant officials from departments and associations, and Assistant Director-General Mr Wittawat of the Office of Small and Medium Enterprises Promotion (OSMEP) of Thailand, Chair of the 20th ACCMSME, and officials of ASEAN countries joined virtually.

The Union minister said the MSMEs are the backbone of the economies of ASEAN countries and play a vital role in driving economic growth and job creation. The country fully supports ASEAN’s common goal of empowering MSMEs through digital technology, innovation, and sustainable practices.

He emphasized that ASEAN member states need to continue strengthening cooperation to promote digital adoption and technological advancement for MSMEs, enhance their competitiveness in regional and global value chains, ensure access to financial mechanisms, and foster inclusiveness and sustainability, the importance of building inclusive market integration frameworks under ASEAN, capacity-building and knowledge-sharing for MSME competitiveness and resilience, and upskilling ASEAN entrepreneurs and policymakers to facilitate a green transition.

The Union minister reaffirmed that Myanmar consistently supports ASEAN’s leading initiatives to foster innovative MSMEs and create a sustainable MSME ecosystem. He added that, through partnerships, knowledge exchange, and regional solidarity, MSMEs can become powerful engines for equitable and sustainable growth.

Mr Wittawat then talked about the commitment to conduct a review in 2025 focused on promoting MSME investment, creating an inclusive economic environment, and empowering women entrepreneurs. He added that all should cooperate in regional cooperation and successive development of MSMEs in the future as 2030 analysis.

In the evening, the dinner event for the 20th ACCMSME and related meetings was held at the Parkroyal Hotel. The meeting will last for four days.

MNA/KTZH

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