Myanmar

Aid for Trade Forum to Help Developing Countries

Indonesia, represented by the Minister of Trade Mari Elka Pangestu, opened the Regional Review Meeting on Aid for Trade to study a more open trade and economic growth in Asia Pacific.

“Aid for Trade Forum aims to help developing countries such as Laos, Myanmar and Cambodia which incidentally is still experiencing economic backwardness in Asia Pacific,” said Minister of Trade Mari Elka Pangestu told a news conference at the Hotel Shangri-La, Jakarta, Tuesday (14 / 6 / 2011).

The program is supported by donor agencies Asian Development Bank (ADB). He said the ADB has consistently provided assistance for the development and economic growth in Asia Pacific in general.

“In Indonesia, ADB has consistently provided assistance to an average per year to reach $ 1 billion per year that could shape the form of grants or loans,” he said.

“Like our manufacturing products, that’s if you want to export to Europe where it has always disputed the wood, the process is how, sustainable baseball. So also with our oil and marine products. It is also to be taken into consideration for the ADB to determine the form of loans,” he said.

For information, the results of the Aid For Trade will be carried in The Third Global Review of Aid for Trade which will be held on 18-19 July in Geneva, Switzerland. Today’s meeting itself was attended by Minister of Trade and Industry, Singapore, Laos Vice Minister of Commerce, Ministry of Commerce of Cambodia, Vietnam and Myanmar Minister for Commerce. In addition, there are sixteen international organizations from countries around the world, financial institutions and international trade