Chairman of State Administration Council Prime Minister Senior General Min Aung Hlaing Attends Myanmar-Belarus Business Forum

Chairman of the State Administration Council (SAC) Prime Minister Senior General Min Aung Hlaing delivered a speech at the opening of the Myanmar-Belarus Business Forum at the Hotel President in Minsk on 6 March. Also present at the forum were senior officials of the delegation, Deputy Prime Minister of Belarus Mr. Yuri Shuleiko and senior officials of the Belarus government, President U Aye Win and members of Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and entrepreneurs of Belarus and invited guests.

During the forum, the Senior General delivered an opening speech as follows:

• Myanmar established diplomatic relations with partner countries and has overcome various challenges together through cooperation. Similarly, Myanmar initiated diplomatic relations with Belarus in 1999 and has successfully built strong mutual trust and understanding.
• At present, mutual trust will be further strengthened through the implementation of people-to-people relations, business-to-business relations, intergovernmental departmental relations, and government-to-government relations between the two countries.
• More than a decade ago, a draft agreement was sent from Belarus regarding commitments for investment cooperation, to which Myanmar responded with interest.
• At this moment, Myanmar has been making efforts to revive its commitment to investment cooperation in alignment with the renewed interest of Belarus.
• Although a joint commission has not yet been established between the two countries to define and outline areas of cooperation, discussions between the two nations have reached a certain level of progress in the time of the State Administration Council.
• Efforts are being made to strengthen friendly relations between the two governments, enhance bilateral cooperation and diplomatic relations, and promote progress in trade and investment sectors.
• It is gratifying to learn that discussions have begun on enhancing cooperation between Myanmar and Belarus in the fields of education, agriculture, livestock, pharmaceuticals, industry, and tourism, as well as on sending students to Belarus to study science and modern technologies. The Senior General expressed his thanks to Belarus for Belarus’s consideration and support for Myanmar.
• Myanmar will have the opportunity to closely observe and learn from Belarus’s efforts and experiences in private sector development for its path to progress through such ceremonies.
• Especially, Myanmar is keen to study ways to develop the manufacturing sector, create more job opportunities and income for the people, reduce poverty, and enhance food security. By sharing your valuable experiences, both countries can also strengthen trade and investment cooperation.
• The bilateral trade has been progressing to a certain extent. In particular, Belarus is recognized as a leading country in the production of fertilizers, which are essential for an agricultural nation.
• Being an agriculture-based country, Myanmar aims to primarily enhance the importation of fertilizers. The Senior General invited business partners from Belarus to invest in Myanmar’s fertilizer production sector, which is one of its prioritized investment areas.
• Myanmar, due to its favourable natural conditions for land and water, has elevated agriculture and livestock-based industries as the country’s main production sectors.
• Myanmar wishes to cooperate closely with Belarus, which has reached the forefront in terms of information and technology, in order to produce value-added products and to upgrade its agricultural production to Smart Agriculture through a mechanized farming system.
• Thanks to the support and modern technology from its partner country Belarus, the capabilities of the workforce in Myanmar will improve, and it will help strengthen the cooperation between both sides, leading to a more sustainable and productive partnership.
• On 10 January 2025, during the Myanmar-Belarus Business Forum, officials from both countries shared the potential of various sectors, including the fertilizer, automotive manufacturing, pharmaceuticals, higher education, agriculture and livestock, veterinary medicine, food products, and water extraction industries.
• The Senior General expressed his deep honour and pleasure to have the opportunity to share information about the potential cooperation and investment opportunities between the two countries.
• Both sides need to re-initiate signing of trade and investment agreements, and particularly the mutually agreed draft investment contract.
• There will be numerous opportunities for mutual benefits and positive outcomes for both sides in the future. The Senior General expressed his thanks to the participants from Belarus for their attentiveness and activeness.

After that, the Deputy Prime Minister of Belarus stated that the Republic of Belarus is engaged in agricultural-based production industries and that it is important to collaborate on technologies to enhance agricultural production. Hosting such Myanmar-Belarus Business Forum will bring significant benefits to both nations. Following this, the president of UMFCCI and officials from the Republic of Belarus participated in the discussions of relevant sectors.

In the second session of the forum, the officials of both countries briefed on discussions in relevant sectors. Later, the officials from two countries signed Myanmar-Belarus economic cooperation agreements and exchanged notes, it is reported.

Source: GNLM (8-3-2025)

• Myanmar established diplomatic relations with partner countries and also initiated diplomatic relations with Belarus in 1999 and has successfully built strong mutual trust and understanding.
• More than a decade ago, a draft agreement was sent from Belarus regarding commitments for investment cooperation, to which Myanmar responded with interest.
• Discussions have begun on enhancing cooperation between Myanmar and Belarus in the fields of education, agriculture, livestock, pharmaceuticals, industry, and tourism, as well as on sending students to Belarus to study science and modern technologies.
• Being an agriculture-based country, business partners from Belarus are invited to invest in Myanmar’s fertilizer production sector, which is one of its prioritized investment areas.
• Myanmar wishes to cooperate closely with Belarus, which has reached the forefront in terms of information and technology, in order to produce value-added products and to upgrade its agricultural production to Smart Agriculture through a mechanized farming system.
• Thanks to the support and modern technology from its partner country Belarus, the capabilities of the workforce in Myanmar will improve, and it will help strengthen the cooperation between both sides.
• Both sides need to re-initiate signing of trade and investment agreements, and particularly the mutually agreed draft investment contract.

• In the second session of the forum, the officials of both countries briefed on discussions in relevant sectors. Later, the officials from two countries signed Myanmar-Belarus economic cooperation agreements and exchanged notes.