Maxim Reshetnikov: tourism is one of the priorities of cooperation between Russia and Myanmar

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Russian companies show great interest in working in Myanmar. A pool of Russian-Myanmar projects in agriculture, energy, construction and industry has been formed, which Russian business is ready to implement on the territory of the republic.

This was announced by the Minister of Economic Development of Russia Maxim Reshetnikov during the Russian-Myanmar Business Forum, which was held in Pavilion No. 55 of VDNH Home of Youth as part of the educational program of the RUSSIA EXPO, the general partner of which is the Russian Society "Knowledge".

A number of Russian manufacturers have expressed their willingness to expand the supply of medicines to Myanmar. To simplify their entry into the Myanmar market, Russia and Myanmar need to converge approaches to registration of medicines. According to expert estimates, the potential volume of Myanmar's pharmaceutical market is estimated at $1 billion.

In the sphere of agriculture, a large joint project is being prepared for implementation to organize fertilizer production in Myanmar. A number of Russian companies have received proposals from Myanmar colleagues to participate in the modernization of the country's railroads. Several joint projects are aimed at accelerating cooperation in the energy sector. In addition, Russian companies are ready to offer Myanmar their services in project engineering and geological exploration, extensive experience and competencies for the construction of hydro and thermal power plants. 

"Investment will help accelerate the implementation of potentially profitable projects. Our countries have all the necessary conditions for this, - Maxim Reshetnikov emphasized. - Cooperation in the financial and banking sector is growing between our countries, the network of correspondent accounts is expanding. There is a possibility of direct payments without the mediation of third countries. The infrastructure to support business cooperation is actively developing. Russian business delegations visit the Republic, the Russian Trade Mission in Myanmar and the Russian-Myanmar Business Council are in operation".

According to him, tourism is one of the important priorities of cooperation between the two countries. Since September last year, Russia has launched direct air service to Myanmar, resumed the work of the "electronic visa" and began preparations for the launch of the "tourist card" so that visitors from Myanmar could make cashless payments in Russia.

Myanmar, for its part, has extended visa-free entry for Russian citizens for up to 30 days, is actively engaged in the development of tourist offers for Russian tourists, and has launched a program of introductory trips for Russian tour operators and journalists "Welcome, Russia!" that will help draw the attention of Russian tourists to Myanmar's tourism opportunities.

"The potential for developing cooperation between the two countries is very significant. It is important that representatives of the business community have the opportunity to have a direct dialog at business profile platforms, where everyone can talk about the effectiveness of the implemented projects and share information booklets with a detailed description of cases," said Alexander Stuglev, Chairman of the Board, Director of the Roscongress Foundation.

In the near future, the parties plan to create a joint payment channel for tourists from Russia in Myanmar, competitive price offers, as well as convenient connecting flights from Moscow, Krasnoyarsk and Yekaterinburg to organize tour programs.