Nay Pyi Taw, 28th October
U Aung Naing Oo, Union Minister for Investment and Foreign Economic Relations received the delegation headed by Mr. Anatoly Bulochnikov, 1st Vice-President of the Russia-Myanmar Association of Friendship and Cooperation at the Office No.(1) in Nay Pyi Taw on 28th October 2021.
At the meeting, Union Minister encouraged to promote the bilateral economic cooperation particularly for Russia’s investment in the areas of electricity, oil and gas exploration and production, financial sector cooperation, cement and steel related production to provide for construction projects, production of fertilizer, information technology, value added food processing, as well as pharmaceutical production.
Then, the 1st Vice-President discussed on the expansion of bilateral economic cooperation emphasizing on the financial sector cooperation in order to smooth bilateral trade and investment activities, to enhance the economic cooperation with Eurasian Economic Union (EAEU), and to explore potential investment projects based on mutual interest.
Afterwards, they exchanged views on the process of bilateral strategy for the development of economic cooperation, participation of business delegation from Russia-Myanmar Association of Friendship and Cooperation in the upcoming 2nd Myanmar-Russia B2B Dialogue, and measures to protect foreign investments in accordance with Myanmar Investment Law.
The meeting was also attended by Deputy Minister for Investment and Foreign Economic Relations U Than Aung Kyaw, Permanent Secretary Dr. Wah Wah Maung, Director General for Foreign Economic Relations Department Dr. Marlar Myo Nyunt and the relevant officials.
