YANGON, March 15 (Xinhua) -- Myanmar is planning to renew its National Export Strategy (NES) which was launched in 2015.

The first stakeholders' symposium was held on Friday to update the NES for the term 2020-2025 for better export performance of Myanmar in the global economy.

"The first NES which was set for 2015-2019 covers seven prioritized sectors and four supporting sectors while the NES for 2020-2025 will add new more sectors including gems and jewelry, agro-food processing, fruits and vegetables, digital economy and handicraft," Vice President U Myint Swe told the opening session of the symposium.

The second five-year-term of NES (2020-2025) would develop the trade and investment sectors in the country's regions and states as well as support for the poverty alleviation, rural development and income generation in the country which are government's priorities, he added.

The symposium is the first of a series of the NES consultations initiated by the Ministry of Commerce.