ICA-AP platform to strengthen nation’s economy

KUALA LUMPUR– The International Co-operative Alliance- Asia Pacific (ICA-AP) held in the federal capital today is the best platform to introduce the roles and contributions of cooperatives in developing economies and countries.

Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) president, Datuk Abdul Fattah Abdullah said this was because the majority of these countries recognised cooperatives as a medium to alleviate the socio-economic problems of their respective countries.

This includes creating an entrepreneurial culture, addressing poverty and narrowing the gap between urban and rural areas, he told reporters after launching the two-day seminar which saw a participation of 70 delegates from 10 countries.

He added the retention of the Malaysia Business Office of the ICA-AP in Malaysia for the next five years, would provide opportunities for foreign countries to increase their contribution and services in this nation.

In another development, Abdul Fattah said Johor is set to host the 2019 Malaysian Carnival of Cooperatives’ Products and Services (MACCOPS) from Nov 28 to Dec 1, to play a greater role in economic integration by linking up co-operatives in the region.

Source: BERNAMA (News Agency)