Putin Ratifies Investment Protection Pact with Myanmar Junta

Russian President Vladimir Putin has signed off on a bilateral agreement with Myanmar’s junta to promote and protect bilateral investments, further deepening ties between the two regimes across the military, economic and political fronts.

The Kremlin announced on Feb. 20 that Putin approved the Russia–Myanmar Investment Promotion and Protection Agreement, which was originally inked on June 20 last year in St. Petersburg. The pact commits both sides to creating favourable conditions for investors from the other country that safeguard their money.

It bolsters a relationship that has expanded steadily since the 2021 putsch in Myanmar. What began as arms sales and military training has widened into economic engagement, with Russian state-linked investors, business executives and senior officials making a beeline to Naypyitaw.