Ansari inaugurates Myanmar-India Entrepreneurship Development Centre in Yangon

Yangon, Feb.6 (ANI): Vice President Mohammad Hamid Ansari,on Friday urged entrepreneurs of India and Myanmar to share their experiences and look for ways to enhance bilateral trade cooperation.

Inaugurating the Myanmar-India Entrepreneurship Development Centre (MIEDC) at Yangon, he said India is keen to share its developmental experience with the people of Myanmar through the MIEDC.

He hoped the MIEDC would spearhead the entrepreneurship development movement in Myanmar and facilitate the creation of viable and competitive new enterprises and new job opportunities.

"It will also help existing enterprises to face new challenges of global competition," Ansari added.

Stressing on the need for entrepreneurship growth, Ansari said it would help in coming on par with some of the more intractable problems of a developing economy, including unemployment and poverty.

Ansari said the youth of Myanmar would be benefit immensely from the opening-up of the MIEDC, which would provide necessary skills to them for competing with the world economy.

"It is our hope that the MIEDC, together with the recently established Centre for Enhancement of IT Skills and the soon-to-be established Centre for English Language Training would provide a comprehensive infrastructure for training of Myanmar's youth and equip them with essential skills for participating in the global economy," he said.

Commenting on the natural richness of Myanmar, Ansari said the country abounds in natural resources, such as gas, minerals, forest products and agro-products, and that the aim of the MIEDC is to create a pool of entrepreneurs who can transform these resources into marketable commodities, thus enriching themselves and the country as a whole. y Ravi Shankar(ANI)