Thursday, August 20, 2026

Myanmar and Russia discuss exploring business opportunities

 


The Myanmar-Russia Business Forum 2026 convened yesterday at the GV Plekhanov Russian University of Economics in Moscow.

Speaking at the forum, Chief Minister of Taninthayi Region U Zaw Naing Oo emphasized that the Dawei Deep Sea Port project, being developed in cooperation with Russia, offers a strategic alternative for global maritime commerce. Highlighting its geographical advantages, he noted that direct access to the Andaman Sea allows cargo vessels to bypass the Strait of Malacca, reducing transit times by four to six days.

The chief minister added that the port is directly connected to Thailand and Vietnam via the Southern Economic Corridor, enabling 24-hour transit between the Indian and Pacific oceans. He also highlighted the port’s proximity to Myanmar’s major offshore natural gas fields, located about 45 kilometres away. He assured investors that investments are protected under the country’s investment laws and Special Economic Zone (SEZ) frameworks.

Deputy Minister for National Planning, Investment and Foreign Economic Relations U Thant Sin Lwin presented investment opportunities in Myanmar, while Director of the Roscongress Investment Fund Mr Shatirov Sergey Vladimirovich discussed matters of investment. Deputy Minister for Commerce U Min Min outlined Myanmar’s trade opportunities, focusing on priority initiatives within SEZs.

Following the presentations, attendees engaged in an interactive question-and-answer session and raised questions on topics of interest.

MNA/TH

#TheGlobalNewLightOfMyanmar

No comments:

Post a Comment