MYANMAR will hand over its rotating presidency of the 10-member Association of Southeast Asia Nations (ASEAN) Chambers of Commerce and Industry to Singapore Business Federation next week.

The Union of Myanmar Federation of Chambers of Commerce and Industry took over the two-year ASEAN-CCI presidency from the Philippines Chamber of Commerce in July 2002.

UMFCCI’s vice president U Pyone Maung Maung was appointed as the president of ASEAN-CCI following the July 2002 handover, and the UMFCCI’s central executive committee member U Myo Nyunt as secretary-general.

Mr Freddy Lam Fong Loi, vice president of Singapore Business Federation, will head the presidency of ASEAN-CCI after the handover on June 10.

But before the presidency goes to Singapore, the UMFCCI will hold the ASEAN-CCI Conference and 61st ASEAN-CCI Council Meeting together with ASEAN-China Business Council Meeting in Yangon’s Sedona Hotel from June 7 to 10, said an organiser of the meetings.

At the two-day ASEAN-China Business Council Meeting on June 7 and 8, a 25-member business delegation led by Mr Wan Jifei, chairman of China Council for the Promotion of International Trade, will discuss matters including ASEAN-China Free Trade Area, overland trade facilitation and promoting trade and investment between ASEAN countries and China.

As part of the program in Yangon, Greater Mekong Subregion Business Forum (GMS-BF) will meet in the Sedona Hotel on June 9.

The meetings will focus on cooperation between ASEAN-CCI, GMS-BF and the ASEAN Business Advisory Council, a group of leading business people in the ASEAN bloc responsible for presenting business issues to future ASEAN summits, and China, regarding trade, agriculture and forestry, tourism and non-tariff trade barriers, he said.