The first Session of the Joint Working Group on Cooperation between Myanmar and the Eurasian Economic Commission (EEC) for the memorandum of cooperation signed on 15 June 2023 was held at Horizon Lake View Hotel in Nay Pyi Taw yesterday.
Union Minister for Investment and Foreign Economic Relations Dr Kan Zaw and Chargé d’affaires ai Mr Klabukov Pavel of the Russian Embassy in Myanmar first made opening speeches.
Mr Sergey Glazyev, Minister for Integration of Macroeconomics of the EEC, then discussed the integration measures of EEC, technology, economics, cooperation and finance, and the business people from EAEU member states introduced their companies.
During the first session of the Joint Working Group on cooperation between Myanmar and EEC held on the same afternoon, Joint Working Group Union Minister Co-Chairs Dr Kan Zaw and Mr Sergey Glazyev, welcomed the holding of the first session.
Speaking at the event, the Union minister highlighted the holding of the first session to enhance the cooperation between Myanmar and EEC and create economic cooperation for a win-win situation.
He continued that the country is making efforts to collaborate and connect to overcome the regional economic cooperation challenges. At the same time, it operates direct flights between Myanmar and Russia, which is also an EAEU member, aiming at bolstering the trade and tourism sectors.
He further said that the promising economic circles and investments, in addition to the bilateral relationships between the EAEU members and Myanmar, can be achieved through sector-wise dialogues.
He then talked about the government’s activities to promote the SME sector, setting priorities to lure more investments.
Mr Sergey Glazyev also mentioned the constructive relationship between EEC and Myanmar after signing the memorandum of cooperation, appreciated the promising areas for trade and economic cooperation between EEC members and Myanmar, and invited the representatives of the government, experts and business people to collaborate.
Afterwards, the representatives of EEC, relevant ministries and organizations discussed areas of industry and agro-industrial complex, finance, transport and logistics, energy tourism, digitalization and enhancement of business cooperation.
The Co-Chairs then agreed on a joint statement of first session and the venue of the second session of the Joint Working Group. — MNA/KTZH
