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Myanmar PM Leaves for Boao Forum for Asia in China

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Myanmar Prime Minister General Thein Sein left Nay Pyi Taw on Thursday for China to attend the "Boao Forum for Asia" in Boao, south China's Hainan Province.

With the theme "Asia: Managing Beyond Crisis", the three-day Boao Forum for Asia runs from Friday to Sunday and participants will discuss how Asia will deal with the global financial crisis.

Myanmar has called on all developed and developing countries to make collective efforts to ensure progress of savings and investment for the development the nation concerned, emphasizing that all the countries, developed and developing, to remain harmonious during the crisis.

Meanwhile, the prime minister has also urged his country's citizens working abroad to come back home for jobs when they are unemployed there out of the global financial crisis, saying that workers are still in demand in some sectors in the country and jobs are ready for them.

"The impact of global financial crisis on Myanmar is insignificant. More jobs will emerge if the entire national peoplemake concerted efforts in all seriousness, and this will undeniably fulfill the food, cloth, shelter needs of the people," he told a government ministry coordination meeting, holding that the global financial crisis does not affect the demand and products that can be exported as much as it can produce and maintaining that the main export markets of the country are neighboring ones in Asia.

Noting that Myanmar has no contact with West bloc banks and monetary organizations, he held that there will be no loss in the monetary sector as the foreign loans are few compared with other countries.

He also denied economic effect on the country as the government is building infrastructure on self-reliant basis with its own technology and money.

(Xinhua News Agency April 17, 2009)