NAY PYI TAW: In a bid to boost micro, small and medium enterprises in Myanmar, the European Union (EU) has set aside 8 million euros (RM37 million) for the country’s entrepreneurs to explore new business opportunities. The four-year project, dubbed ARISE plus Myanmar (Asean Regional Integration Support by the EU) aims to get local businesses to tap markets in Southeast Asia, the EU and other global markets. The project will also help bring more women into the labour market, and create higher-paid jobs, Gonzalez said. A second component will focus on sanitary standards that protect humans, plants and animals from germs and pollution. A third component will focus on coming up with trade policies that remove non-tariff barriers so that small businesses can export their products.

Source: New Strait Times October 22, 2019 05:37 UTC