Middle Corridor: Between ambition and reality
As India advances its own initiative to link South Asia with Europe, the competition for future trade routes is intensifying. But will India’s corri...
Russia and Myanmar have signed an agreement on small-scale nuclear plant construction on the territory of the Republic.
On Tuesday, two countries signed an intergovernmental agreement outlining the principles of cooperation for the construction of a small modular reactor (SMR) in Myanmar following talks in Moscow between Russian President Vladimir Putin and Myanmar's junta chief, Min Aung Hlaing.
The intergovernmental agreement outlines the conditions and key areas of cooperation between the two parties for the implementation of the 110 MW SMR project, with the potential for future expansion to 330 MW," Rosatom said in a statement.
"The signed agreement on the construction of a low-capacity nuclear power plant opens the way for providing Myanmar's economy with cheap and environmentally safe energy. This will be a good incentive for further economic growth, the creation of thousands of new jobs and the emergence of highly qualified personnel," - Russian President Vladimir Putin stated.
The document was signed in the presence of Russian President Vladimir Putin and Senior General Min Aung Hlaing, Chairman of the State Administration Council and Prime Minister of the Republic of the Union of Myanmar. Alexey Likhachev, Director General of Rosatom State Corporation, and Dr. Myo Thein Kyaw, Union Minister of Science and Technology of Myanmar, signed on behalf of their respective governments.
Following the ceremony, Putin stated that cooperation opportunities between the countries in renewable energy are also being explored.
Rosatom's media center noted that the parties signed an intergovernmental agreement on the peaceful use of nuclear energy in early 2023. In its 2022 report, Atomenergoprom announced plans to complete a pre-feasibility study in Myanmar and Kyrgyzstan, with work scheduled for 2023.
Additionally, reports from 2023 indicated that Rosatom was planning to build wind farms in Myanmar with capacities of 172 MW and 200 MW. A memorandum to begin feasibility studies for this project was signed by Rosatom's renewable energy division, Myanmar's Ministry of Electrification, and Primus Advanced Technologies Ltd."
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
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As India advances its own initiative to link South Asia with Europe, the competition for future trade routes is intensifying. But will India’s corridor become a real rival—or just another headline?
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