3rd Session of the Joint Working Group: Myanmar and EEC hold JWG session in Nay Pyi Taw

The 3rd Session of the Joint Working Group on Cooperation (3rd JWG) between the Government of the Republic of the Union of Myanmar and the Eurasian Economic Commission (EEC) was held in Nay Pyi Taw on Thursday.

The meeting was co-chaired by U Aung Kyaw Hoe, Union Minister for National Planning, Investment and Foreign Economic Relations and Mr. Daniiar Imanaliev, Member of the Board – Minister in Charge of Integration and Macroeconomics, Eurasian Economic Commission.

First, Union Minister U Aung Kyaw Hoe addressed the welcoming remarks relating to the progress of trade, economic and investment cooperation between Myanmar and the Eurasian Economic Commission (EEC) under the Memorandum of Cooperation (MoC), identifying priority areas for further strengthening cooperation, exploration mutually beneficial opportunities, and discussion the ways to address challenges encountered in the practical implementation of cooperation activities.

Mr. Daniiar Imanaliev delivered the opening remark regarding the progress in bilateral relations and trade following the signing of the Memorandum of Cooperation between Myanmar and the Eurasian Economic Commission in 2023, the increase in trade turnover between Myanmar and the member states of the Eurasian Economic Union (EAEU) and the promotion of bilateral cooperation in the sectors of industry, agriculture, e-commerce, energy, digital transformation and transport.

He also emphasized the importance of enhancing engagement between ASEAN and EAEU, as well as further strengthening economic cooperation in private sector. Thereafter, Mr. Iskander Azizov, Ambassador of the Russian Federation to Myanmar, and Mr. Uladzimir Baravikou, Ambassador of Belarus to Viet Nam and to Myanmar (concurrently) delivered opening remarks.

Following this, the Co-Chairs cordially exchanged views and discussed the progress of implementing the agreements following the 1st and 2nd session of the Joint Working Group on Cooperation and the representatives from related ministries and organizations and Eurasian Economic Commission (EEC) friendly discussed the potential cooperation opportunities between EEC and Myanmar in five key areas: in the sphere of trade and economic, industry, transport and logistics, customs and business circles.