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Russia signs investment deal with Myanmar, sees offshore oil and gas prospects
Russia signs investment deal with Myanmar, sees offshore oil and gas prospects

Reuters

time6 hours ago

  • Business
  • Reuters

Russia signs investment deal with Myanmar, sees offshore oil and gas prospects

ST PETERSBURG, June 20 (Reuters) - Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country. "We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields," Economy Minister Maxim Reshetnikov said after signing the agreement in St Petersburg with Kan Zaw, Myanmar's minister of investment and foreign economic relations. Russia said the deal would help accelerate projects including in Myanmar's Dawei special economic zone, where a 660 MW coal-fired thermal power plant is being developed. Russia has been building closer ties with Myanmar's military junta, which seized power in 2021 by toppling the elected government of Nobel peace prize winner Aung San Suu Kyi. The country is struggling with internal conflict, an economy in tatters, widespread hunger and a third of the nation's 55 million people in need of aid, according to the United Nations. Junta chief Min Aung Hlaing met Russian President Vladimir Putin in March and signed an agreement on construction of a small-scale nuclear plant in Myanmar. A month earlier, the two countries signed a memorandum on construction of a port and oil refinery in the Dawei economic zone. Friday's agreement will also facilitate cooperation in areas including transport infrastructure, metallurgy, agriculture and telecommunications, the Russian government said.

Russia signs investment deal with Myanmar, sees offshore oil and gas prospects
Russia signs investment deal with Myanmar, sees offshore oil and gas prospects

CNA

time6 hours ago

  • Business
  • CNA

Russia signs investment deal with Myanmar, sees offshore oil and gas prospects

ST PETERSBURG :Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country. "We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields," Economy Minister Maxim Reshetnikov said after signing the agreement in St Petersburg with Kan Zaw, Myanmar's minister of investment and foreign economic relations. Russia said the deal would help accelerate projects including in Myanmar's Dawei special economic zone, where a 660 MW coal-fired thermal power plant is being developed. Russia has been building closer ties with Myanmar's military junta, which seized power in 2021 by toppling the elected government of Nobel peace prize winner Aung San Suu Kyi. The country is struggling with internal conflict, an economy in tatters, widespread hunger and a third of the nation's 55 million people in need of aid, according to the United Nations. Junta chief Min Aung Hlaing met Russian President Vladimir Putin in March and signed an agreement on construction of a small-scale nuclear plant in Myanmar. A month earlier, the two countries signed a memorandum on construction of a port and oil refinery in the Dawei economic zone. Friday's agreement will also facilitate cooperation in areas including transport infrastructure, metallurgy, agriculture and telecommunications, the Russian government said.

Myanmar's Aung San Suu Kyi marks 80th birthday in junta jail
Myanmar's Aung San Suu Kyi marks 80th birthday in junta jail

News.com.au

time10 hours ago

  • Politics
  • News.com.au

Myanmar's Aung San Suu Kyi marks 80th birthday in junta jail

Myanmar's deposed democratic leader Aung San Suu Kyi marked her 80th birthday in junta detention on Thursday, serving a raft of sentences set to last the rest of her life. Suu Kyi was the figurehead of Myanmar's decade-long democratic thaw, becoming de facto leader as it opened up from military rule. But as the generals snatched back power in a 2021 coup, she was locked up on charges ranging from corruption to breaching Covid-19 pandemic restrictions and is serving a 27-year sentence. "It will be hard to be celebrating at the moment," said her 47-year-old son Kim Aris from the UK. "We've learned to endure when it's been going on so long." He has run 80 kilometres (50 miles) over the eight days leading up to her birthday, and collected over 80,000 well-wishing video messages for his mother. But Suu Kyi will not see them, sequestered in Myanmar's sprawling capital Naypyidaw from where the military directs a civil war against guerilla fighters, many of whom took up arms in response to the toppling of her government. Aris said he has heard from his mother only once via letter two years ago since she was imprisoned. "We have no idea what condition she's in," he said, adding that he fears she is suffering from untreated medical problems with her heart, bones and gums. Myanmar junta spokesman Zaw Min Tun told AFP late on Thursday Suu Kyi "is in good health", without providing any further details. - 'Do you still remember?' - No formal celebrations took place in junta-held parts of Myanmar, but a gaggle of followers in military-controlled Mandalay city staged a spontaneous protest ahead of her birthday, local media said. A few masked protestors showered a street with pamphlets reading "freedom from fear" and "happy birthday" as one member held up a portrait of Suu Kyi in shaky camera footage shared on social media. "Do you still remember this great person?" asked one of the protestors in the video, which AFP has not been able to independently verify. Other small protests were also reported, including in a rebel-contested area of northern Sagaing region where women marched holding roses in tribute to the former leader, who famously wore garlands of flowers in her hair. While Suu Kyi remains hugely popular in the majority Buddhist country, her status as a democracy icon abroad collapsed before the military takeover after she defended the generals in their crackdown against the Rohingya. Hundreds of thousands of the Muslim minority were sent fleeing to neighbouring Bangladesh under her rule, though some argued she was powerless against the lingering influence of Myanmar's military. Nonetheless institutions and figures that once showered Suu Kyi with awards rapidly distanced themselves, and her second round of imprisonment has received far less international attention. - Locked away birthday - Suu Kyi, the daughter of Myanmar independence hero Aung San, became a champion of democracy almost by accident. After spending much of her youth abroad, she returned in 1988 to nurse her sick mother but began leading anti-military protests crushed by a crackdown. She was locked up for 15 years, most of it in her family's Yangon lakeside mansion where she still drew crowds for speeches over the boundary wall. The military offered freedom if she went into exile but her poised refusal thrust her into the spotlight and won her the 1991 Nobel Peace Prize. Suu Kyi was released in 2010 and led her National League for Democracy (NLD) party to electoral victory in 2015, never formally in charge as army-drafted rules kept her from the presidency. The NLD said in a statement on Thursday she "must be recognised as an essential figure in any credible and inclusive solution to Myanmar's ongoing crisis". But if the octogenarian were released from her current incarceration, Aris predicts she would likely step back from a "frontline position" in Myanmar politics. The military has promised new elections at the end of this year, but they are set to be boycotted by many groups comprised of former followers of Suu Kyi's non-violent vision who have now taken up arms.

Arakan Army may be an unexpected ally for the Rohingya
Arakan Army may be an unexpected ally for the Rohingya

Arab News

timea day ago

  • Politics
  • Arab News

Arakan Army may be an unexpected ally for the Rohingya

In a striking twist of geopolitical irony, one of the most persecuted Muslim communities in the world — the Rohingya — may find their most realistic path home not through the government of Myanmar or through international institutions, but via an unlikely actor: the Arakan Army. Long viewed with suspicion by the Rohingya themselves and largely ignored by the international community, the Arakan Army has, over the past two years, emerged as the dominant power in Rakhine State. With the Myanmar military regime in rapid retreat and the national unity government struggling to assert territorial control, the Arakan Army now governs 11 of Rakhine's 18 townships. For all intents and purposes, it is the authority that now decides who may live — and return — to western Myanmar. This new reality should not be underestimated. For years, the global response to the Rohingya crisis has hinged on repatriation through negotiations with Myanmar's military or by placing pressure on the Association of Southeast Nations and the UN. Those efforts have categorically failed. Two rounds of repatriation since 2017 — one under the UN and another led by China — resulted in zero returns. The refugees in Bangladesh are disillusioned, aid is running dry and extremism is beginning to fester in the camps. As Prime Minister Mohammed Yunus of Bangladesh warned last week at Chatham House, without urgent action 'an explosion is imminent.' It is precisely this urgency that demands a recalibrated approach. The Arakan Army is not an ideal partner. It has, at times, rejected the term 'Rohingya' and its historical relationship with Muslim communities in Rakhine has been tense. But power transforms actors and the Arakan Army's recent statements — including those by its Commander-in-Chief Twan Mrat Naing — show a remarkable evolution in tone. Power transforms actors and the Arakan Army's recent statements show a remarkable evolution in tone Dr. Azeem Ibrahim The group has indicated it is open to the idea of peaceful coexistence, rule of law and even a phased return of refugees — provided certain conditions are met. In other words, it has moved from being a militant liberation movement to a proto-state willing to talk about governance. This shift opens a narrow but real window for engagement — and the Muslim world must not let it close. Arab and Islamic nations, particularly those in the Gulf and within the Organization of Islamic Cooperation, have long expressed solidarity with the Rohingya. But solidarity without strategy is not enough. Now is the time to develop a policy grounded in the new facts on the ground. That means initiating quiet backchannel dialogues with the Arakan Army leadership, exploring what kinds of political, financial or development incentives could nudge them further toward embracing repatriation. Bangladesh cannot do this alone. Dhaka faces tremendous domestic pressure over hosting nearly a million refugees. Its interim prime minister, Yunus, is one of the few regional leaders willing to speak candidly about the crisis and the risk of radicalization if the camps remain neglected. But without regional and Muslim-majority support, Bangladesh lacks the leverage or resources to independently broker a deal with the Arakan Army. Instead of pursuing unrealistic negotiations with the Myanmar junta or waiting for an elusive political settlement from the national unity government, the OIC should work with the Bangladeshi government and trusted international mediators to build a pragmatic roadmap for phased repatriation. Such a plan might include security guarantees from the Arakan Army for returning families; pilot return programs to test integration, with third-party observers; development support for local Rakhine and Muslim communities alike, reducing the risk of economic grievance or communal tension; and legal pathways for the Rohingya to eventually gain recognition and rights under local law. Many Rohingya remain skeptical of the group's intentions. The memory of past abuses and betrayals is still raw Dr. Azeem Ibrahim To be sure, this will require trust-building on all sides. Many Rohingya remain skeptical of the Arakan Army's intentions. The memory of past abuses and betrayals is still raw. But when faced with a choice between permanent exile in squalid refugee camps and a monitored, supported return under new political realities, many may opt to go home — if they believe it is safe. Here, the Muslim world can play a critical role. Countries like Saudi Arabia, the UAE, Turkiye and Qatar — all of which have championed Muslim causes globally — can lend both political weight and practical resources to this effort. Their involvement can also reassure the Rohingya that they are not alone and that their fate is not being decided by a new group of armed men, but by a process anchored in international norms and Islamic principles of justice. This will not be an easy path. The Arakan Army still has much to prove. Its rhetoric must be backed by real commitments, including the cessation of discriminatory practices and the inclusion of Rohingya voices in political planning. The national unity government, too, must be encouraged to work constructively with the Arakan Army on this front, rather than cling to abstract ideals divorced from operational control. Ultimately, the Rohingya crisis is a tragedy not just for Myanmar but for the Muslim world. It has exposed our collective inability to protect the vulnerable, to assert moral leadership and to respond with coherence and unity. But if we are willing to think beyond conventional diplomacy and engage with the de facto powers in Rakhine, we may yet chart a way forward. The Arakan Army may not be the ally we expected. But it might be the ally we need — if we are bold enough to engage.

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