Russia Signs Memorandum To Build Port In Myanmar

MOSCOW, Feb 23 (Reuters) – Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia’s Ministry of Economic Development said on Sunday. 

The document was signed by the head of the Russian ministry Maxim Reshetnikov and Myanmar’s Minister for Investment and Foreign Economic Relations Kan Zaw during a visit of a Russian delegation to the south-east Asian country. 

“The text of the memorandum contains the basic parameters of several large infrastructure and energy projects …