February 7,2023. (Narinjara)

Russia andMyanmar have signed a Memorandum of Understanding (MoU) to implement a resorthousing project at Ngapali Beach in Thandwe Township Rakhine State, and a rangeof other agreements were signed at the same event.

The MoUsigning ceremony was held at the Pan Pacific Hotel in Yangon on February 4th.

Russia-MyanmarMoU signed for Ngapali resort housing project .The Russian business delegationled by Bulochnikov has already visited and surveyed Ngapali Beach, and met withlocal authorities.

Talks werealso held about the potential for direct flights from Russia to this seaside resort.Beach resorts in Thailand both Pattaya and Phuket have attracted many thousandsof Russian tourists during the last decade.

After themilitary coup occurred on February 1st, 2021, Russia and Myanmar increasedcooperation and signed MoU agreements in sectors such as- energy, agriculture,banking, mining. But faraway the most strategic area of cooperation has beenthe arms trade.

Since thecoup Russia has equipped the Junta’s air force with various militarized helicopters,and other arms used for a massive bombing campaign of resistance zones andrural population, which has played a key factor in helping the coup regime tosurvive. Russia has now supplanted China as the top seller of weapons to thejunta.

Also onFebruary 6th, officials from the Russian State Atomic Energy Corporation and JuntaRegime’s Minister of Science and Technology signed a MoU on the use of nuclearenergy for peaceful purposes.

Adelegation of Russian economists led by Vice-President Anatoly Bulochnikov ofthe Russia-Myanmar Association for Friendship and Cooperation (RMAFC), the ChiefExecutive Officer and Board of Directors of Treasure of Ngapali Development Co.Ltd, the Managing Director and officials of Shwin Pyaw Pyaw Trading Co. Ltd attendedthe ceremony.