The memorandum of understanding (MOU) was signed between Myanmar Starbanner Co. Ltd and Russian Tabiya Limited Liability Company on March 6, to export Myanmar parboiled rice and buy Russian fertilizer.
The agreement was signed following the negotiation at Myanmar – Russia Economic Forum held in Moscow, Russian Federation on March 5. The signing ceremony was attended by member of State Administration Council General Nyo Saw, Union Minister for Investment and Foreign Economic Relations Dr. Kan Zaw and representatives from Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and Myanmar Fertilizer, Seed and Pesticide Entrepreneurs Association.
MoU was signed by U Maung Maung Kyaw, Director of Starbanner Co. Ltd. and Mr. Morozov Ilya from Tabiya Limited Liability Company.
