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Mr Putin noted the considerable potential for cooperation in trade and the economy and in the political and military-technical areas.

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President of Russia Vladimir Putin: Mr President, colleagues, allow me to welcome you in Russia.

I have this excellent opportunity to congratulate you personally on your election. I am very happy at the first visit by the President of Myanmar to Russia.

Frankly speaking, our trade and economic relations have not reached a high level yet, but I think that there is good potential for developing them. This is true of the economic side of things, and also of political and military-technical cooperation.

We have already made the first steps. Some of our companies are showing increasing interest in your market. I think that we should encourage the business community to work together in all areas of mutual interest.

We are very happy to see you and your delegation here, Mr President.

President of the Republic of the Union of Myanmar Htin Kyaw: Thank you, Your Excellency, for welcoming me and also for giving me the opportunity to see you on the sidelines of this Russia-ASEAN meeting. It gives me great pleasure, and I greatly appreciate you giving your time when you are very busy but you are giving your time to meet me and my delegation. Thank you very much.

I also want to thank you for the fact that since our arrival, the provisions made for us have been very caring. There is nothing that we need and we have received very good care and hospitality at the place where we are staying, starting from the time we set foot in the Russian Federation.

I am very glad to be here, especially since I have been in office for less than two months and I have the chance to visit your country and this beautiful Sochi seaside resort. Last night I couldn’t see what it was like because we got here late, but this morning there’s the sun and people walking along the beach and it’s a very, very pleasant place.

I am pleased to learn that Russian business and enterprises are interested in our economy and in working in our country based on mutual beneficial cooperation, and we would really like to welcome Russian investments in Myanmar. Especially because we have a longstanding friendly relationship since our independence in 1948. Since that time, we have never had any issue or problem with the Russian Federation.

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