Myanmar, Russia ink MoC to build foliar spray factory

 

A Memorandum of Cooperation (MoC) between the Roscon­gress Foundation of Russia and the Myanmar government to establish a foliar spray produc­tion factory in Myanmar was signed during the Myanmar delegation’s attendance at the Eastern Economic Forum in Russia, led by SAC Member Deputy Prime Minister and Minister for Transport and Communications General Mya Tun Oo.

 

“Russia has advanced technology and utilizes natural materials rather than chem­icals. Additionally, Russia is successful in agriculture and can transfer technology to us. There are also opportunities to enhance cooperation. If we receive investment and tech­nology transfer for producing organic fertilizers from inter­national sources, including Russia, it would greatly ben­efit Myanmar’s agricultural sector,” said President of the Myanmar Rice Federation U Ye Min Aung.

 

According to the MoC agreement, the first step in­volves the production of foliar spray by the Ministry of Agri­culture, Livestock and Irriga­tion, the Ministry of Coopera­tives and Rural Development, and the Fund RC-Investment. The second step involves an agreement between the gov­ernments of Russia and My­anmar to construct a natural fertilizer plant in the Nay Pyi Taw council area. — TWA/TH