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Russia and Myanmar signed a joint declaration to promote economic cooperation and mitigate the effects of unilateral sanctions. They exchanged documents and agreements in the fields of geological exploration, energy, and digital technologies. This comes at a time when both countries are subject to international sanctions, with Moscow seeking to strengthen its economic influence in Asia and deepen its relations with Myanmar, focusing on the use of national currencies and developing alternative payment mechanisms. The agreements also include enhancing partnerships in defense and energy industries, as bilateral relations have been growing at high levels for years.
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