Myanmar hosts seminar on RCEP implementation practices

NAYPYIDAW: A seminar on the understanding and implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement kicked off here on Monday (Feb 26), bringing representatives from six Lancang-Mekong countries together.

The three-day seminar was organised under the Lancang-Mekong Cooperation framework.

Speaking at the opening event, Zheng Zhihong, minister counsellor of the Chinese embassy in Myanmar, said the RCEP is a free trade agreement with the largest participating population, the greatest economic scale, and the greatest development potential in the world.

It is significant for RCEP member countries to strengthen exchanges and mutual learning, Zheng said, adding that the support from the Lancang-Mekong Cooperation Special Fund for Myanmar to host the seminar will yield promising outcomes for the region.

As the largest economy among RCEP members, China has always adhered to the concept of open development, promoting the high-quality implementation of the RCEP, the Chinese official said.

He added that China is willing to further enhance regional trade and investment facilitation with Lancang-Mekong countries, improve the ecosystem for business, continuously enhance regional economic integration, and jointly build a closer Lancang-Mekong community with a shared future.

Myanmar's Union Minister for Investment and Foreign Economic Relations Dr Kan Zaw said that the seminar aims to promote a deeper understanding and more effective implementation of the RCEP and to exchange the good practices and experiences of RCEP implementation among the Mekong-Lancang Cooperation member countries.

U Win Zeyar Tun, vice chair of the Mekong-Lancang Cooperation National Coordination Unit Myanmar, said that all Mekong-Lancang Cooperation member countries are signatories to the RCEP.

The seminar is designed to disseminate knowledge, good practices and experiences of the RCEP agreement to all stakeholders from Mekong-Lancang Cooperation countries in both government and private sectors, he added.

More than 70 representatives from six Lancang-Mekong countries, namely China, Myanmar, Cambodia, Laos, Thailand and Vietnam, participated in the seminar. - Xinhua

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Myanmar , RCEP


Next In Aseanplus News

World economy’s great escape is no comfort to the G-20
North Korea's Kim to develop long-standing ties with China, KCNA says
GRS needs full term to deliver electoral promises, says pundit
India's Modi says BJP poll manifesto focuses on creating jobs
Sydney mall attacker identified - 40-year-old man with mental issues, 'nothing' to suggest terror motive, say cops
Cops: KLIA shooting suspect was in midst of divorce, had criminal record
Singapore Airlines, Scoot flights to avoid Iranian airspace amid escalating Middle East conflict
China expresses 'deep concern' over Iran attack on Israel
Biden pledges G7 response, US support for Israel after Iran attacks
Meta announces new nudity filter in effort to tackle sextortion

Others Also Read