Nov 11, 2014

Belarus ready to invest in Myanmar economy

Belarus is ready to promote cooperation with Myanmar in a number of areas. The statement was made by Prime Minister of Belarus Mikhail Myasnikovich as he met with Commander in Chief of the Myanmar Army Min Aung Hlaing in Minsk on 3 November. Upon the invitation of the Belarusian side the Myanmar official is in Belarus on 1-5 November on a working visit, BelTA has learned.

Mikhail Myasnikovich noted: “Preparing for the visit, we have considered a number of options for expanding our trade and economic cooperation. In particular, we can discuss the provision of export loans for individual Belarus-made products, supplies of civilian machines on terms of leasing or postponed payments. Apart from that, we are ready to discuss matters of investment cooperation in your country”.

Mikhail Myasnikovich suggested also discussing industrial cooperation matters, power engineering, and engineering infrastructure. According to the Prime Minister of Belarus, cooperation in healthcare, production of medications, agriculture also looks topical. “We consider setting up manufacturing enterprises in your country taking into account our abilities, including investments. We are also ready to transfer technologies and know-how,” specified the Belarusian head of government.

Training highly qualified personnel, in particular, officers for Myanmar, is another proposal of the Belarusian side.

“Kind, trusting and I believe mutually beneficial relations have been established between our countries and we will be glad to develop them,” stressed the Prime Minister. Belarus and Myanmar have signed a number of agreements to create the legal base for stepping up the bilateral interaction. “We rejoice at your accomplishments in economic and state development and the fact that many countries now welcome a dialogue with you. All of it indicates that our countries have a good potential for cooperation,” said the Prime Minister. He was convinced that the current visit of the Myanmar delegation would contribute to the acceleration of the implementation of joint projects. Apart from that, Mikhail Myasnikovich suggested holding a regular session of the joint committee on trade and economic cooperation in Minsk within the next few months.

The Prime Minister of Belarus expressed words of welcome addressed to the Myanmar president. “We are looking forward to his official visit to our country,” he said.

Source: Belarussian News