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Friday, July 19, 2013
Wednesday, July 17, 2013
ျမန္မာ-ျဗိတိန္ Financial Services Taskforce ဖြဲ႕စည္းေၾကာင္း ထုတ္ျပန္ေၾကညာ
purpose of the Taskforce will be to supplement the work already being
undertaken by President Thein Sein’s government and international
development agencies on financial and regulatory reforms by:
helping the local industry to develop appropriate new financial
products and services focused on the provision of credit.
advising on suitable regulatory structures to support the sector.
and developing effective education, training and qualifications to
build capacity in the sector.
The taskforce will be jointly chaired on the UK side by Standard
Chartered Bank and the UK Government and will meet regularly in both
countries. The first formal high-level meeting of the taskforce will be
held during the Lord Mayor of London’s visit to Burma in October this
year.
Lord Green, UK Minister for Trade & Investment, said:
The formation of this taskforce is an important step. It will be
focused on delivering practical support and assistance to President
Thein Sein’s Government on the development of a fully functioning
financial services sector.
Financial services has the potential to be a transformative sector
in this reform process, unlocking capital and investment. It is a sector
in which the UK is a world leader and I am confident that British
business can play an important role in supporting President Thein Sein
and his Government in achieving the economic reform they are striving
for.
Mike Rees, Standard Chartered Group Executive Director and CEO Wholesale
Banking, said:
Standard Chartered has operated in the ASEAN region for over 150
years and we reopened our representative office in Yangon in February of
this year. We have played a key role in supporting the development of
emerging economies and have gained unique insights on how such markets
can better manage sustainable economic transformation. The government in
Naypyitaw has made great strides in its reintegration efforts with the
international community and it has done so in a very short period of
time.
The goal of seamless reintegration is being driven by the
government’s desire to transform the country socially and economically.
Following discussions with the government and local business leaders it
has become clear there is a pressing need to boost knowledge and
expertise in the area of financial services and as such, we view this
taskforce as an exciting component in this strategy.
www.gov.uk
The UK and Burma have today announced the creation of a Financial Services Taskforce
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