Vice-President U Nyo Saw delivered an address at the plenary session of the 11th Eastern Economic Forum at the building on the campus of the Far Eastern Federal University in Vladivostok, the Russian Federation, at 4 pm local standard time yesterday.
In his speech, the Vice-President said that the Eastern Economic Forum enhances economic cooperation, investment, technological innovation and integration in the Asia-Pacific region, and the forum is important for seeking opportunities to strengthen partner relations and sustainable development.
H e added that through the recent meeting between President of the Russian Federation Mr Vladimir Putin and President of Myanmar U Min Aung Hlaing, efforts are being made to further implement mutual trust, friendship and cooperation to achieve success. He noted that digital transformation, Artificial Intelligence, Innovation and Modern Infrastructure can create opportunities for businesses as well as contribute to improving public services and socioeconomic life.
The Vice-President revealed that Myanmar is striving to improve digital development by applying modern technologies in the digital expertise, innovation, agriculture, industry, education, health and public management sectors.
He underlined that Myanmar is located in a strategic area in Asia and is important as an inland bridge to link India, China and the ASEAN market. Being a member of the ASEAN, Lancang-Mekong and BIMSTEC groups, Myanmar can create opportunities to boost regional trade and economic linkages.
Furthermore, the Vice-President highlighted that Myanmar is cooperating with the international community in developing the agriculture and livestock sectors for regional food security, as well as in the development of renewable energy and electricity, while capitalizing on its strategic location at the crossroads of the India-Myanmar-Thailand Trilateral Highway, the ASEAN Highway Network, the East-West Economic Corridor and the China-Myanmar Economic Corridor.
He recounted that President U Min Aung Hlaing has recently made official visits to several countries, including the Russian Federation, India, China, Laos, Belarus, and Thailand, which not only strengthened existing friendly ties and positive mutual relations, but also enhanced practical cooperation for mutual benefit.
The Vice-President highlighted that although Myanmar and Russia are geographically distant, the two countries maintain solid and close bilateral relations characterized by multi-sectoral cooperation as well as mutual support in regional and international arenas. Myanmar stands ready to continue working closely with all regional and international partners to foster greater connectivity and build a strong, comprehensively developed region.
Russian President Mr Vladimir Putin, Indonesian President Mr Prabowo Subianto, Mongolian Prime Minister Mr Uchral NyamOsor and Vice Premier of the People’s Republic of China Mr Ding Xuexiang also delivered speeches.
The ceremony was also attended by diplomats, delegates, business leaders, economists, and guests from the Russian Federation and partner countries in attendance.
The Vice-President was accompanied by Union Minister for Electricity and Energy U Ko Ko Lwin, deputy ministers, the Myanmar Ambassador to the Russian Federation and officials.
MNA/TTA
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