Ministry News

The Ministry of Investment and Foreign Economic Relations (MIFER), the aiming to develop human resources and improve staff member’s capacity, conducted the 41st ceremony of Friday Talk of Knowledge Sharing Program (KSP) at the Office No (1), Nay Pyi Taw, yesterday, MIFER’s Union Minister Dr. Kan Zaw attended and delivered the opening remarks.

The Union Minister pointed out that the topic is “Theory and Practice of China’s Foreign Aid for Myanmar” is directly related to the ministry and also necessary to understand all MIFER’s staffs. He highlighted that the approaches of supporting aid/ assistances from developed countries and international organizations to all developing countries are technical, financial, human resources, education and investment assistances, and the country’s approaches and aid policies are different and providing ways are based on its Foreign Aid Policy. Likewise, China is also supporting based on its Foreign Aid policy, and MIFER’s staff will realize the China Foreign Aid policy, theories and experiences through the discussion. It can implement the Standard Operating Procedures (SOP) for the country’s effective aid assistances. Therefore, he urged participants to participate actively in the discussion.

Daw Moh Moh Thi, Assistant Director from Foreign Economic Relations Department, presented the topic titled “Seminar on Theory and Practice of China’s Foreign Aid for Myanmar”. The attendees openly discussed matters related to the Foreign Aid policy of China towards Myanmar, and the Union Minister added discussion concerning China’s Government Concessional Loan (GCL) and Preferential Buyer’s Credit (PBC).

The deputy minister, director generals and senior officials total 120 persons of the staff joined this program.