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Myanmar Leader Stresses Importance of Strong Economy

Xinhuanet 2002-03-31 12:06:36

””””YANGON, March 31 (Xinhuanet) -- Myanmar leader Lieutenant-General Khin Nyunt has called for efforts to withstand the international economic effect and economic domination and promote the national economy, official newspaper The New Light of Myanmar reported Sunday.

””””Meeting with businessmen of the Myanmar Federation of Chambers of Commerce and Industry here Saturday, Khin Nyunt, First Secretary of the State Peace and Development Council, warned that the difference of economy and wealth among the nations of the world in the international facade further widens the gap of development and technology between poor and rich.

””””He charged that some wealthy developed nations with strong economy are attempting to wield their influence on developing nations and dominate them economically.

””””He pointed out that now is the time for Myanmar to promote economic cooperation with friendly and neighboring nations.

””””He also warned that the businesses in Myanmar should not be satisfied with the present status in the domestic market, emphasizing the need to strive to reach the regional and international standards to be able to withstand the pressure of penetration of foreign goods when the programs for the regional free trade area are implemented. Enditem

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