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NAY PYI TAW - Myanmar, China and Bangladesh on Friday reached an agreement on electric power trade at a trilateral ministerial meeting in Nay Pyi Taw.
Matters relating to starting trilateral cross-border power trading and its implementation mechanism were discussed at the plenary meeting, aimed at enhancing cooperation on electric power trading through promoting the interconnection of power grid and infrastructure development among the three countries.
The trilateral agreement to trade electric power among neighboring countries could help with the improvement of energy security, sharing of electricity resources, infrastructure development, capacity development of officials and job opportunity as well as strengthening of long term friendship and fulfilling of the basic requirements of electricity supply to support the economic development for each country, a statement of Myanmar"s Electricity and Energy Ministry said.
Present at the meeting were Myanmar"s Union Minister U Win Khaing for Electricity and Energy, vice administrator of National Energy Administration of China Li Fanrong, advisor to Prime Minister for Power, Energy and Mineral Resources Affairs of Bangladesh Dr. Tawfiq-e-Elahi Chowdhury BB.