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Russia and Myanmar have signed an intergovernmental agreement on the principles of cooperation in the construction of a small-sized nuclear power plant in Myanmar, with a ceremony to exchange the documents following talks between Russian President Vladimir Putin and Myanmar Prime Minister Min Aung Hlaing at the Kremlin.
The agreement deals with the land-based configuration of an NPP, Rosatom said in a statement, adding that “the intergovernmental agreement regulates the conditions and main tracks of interaction between the parties as part of the implementation of the project of a small NPP with the capacity of 110 MW and the possibility of further expansion to 330 MW.”
Putin also said that renewable energy cooperation between the countries are also being explored, with reports in 2023 that Rosatom was planning to build wind farms in Myanmar with a capacity of 172 MW and 200 MW.
Russian Prime Minister Mikhail Mishustin also met with Min and stated that “Despite the sanctions imposed on Russia and Myanmar, our trade and economic cooperation have been successfully developing, and bilateral trade has been growing. There is a potential for boosting cooperation in energy, nuclear energy, transport infrastructure and agriculture. We are considering new joint projects in telecom and information technologies, food industry, and extraction and processing of mineral resources.”
Mishustin described Myanmar as an important partner in the Asia Pacific region. Myanmar is a member of ASEAN, which also includes regional powerhouses Indonesia, Malaysia, Thailand and Vietnam, and has free trade agreements with China and India.
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