Independence Day of Myanmar Today

JAN. 3, 2013 - Myanmar celebrates today its Independence Day, which commemorates the country’s freedom in 1948. Usual celebrations include a seven-day fair at Kandawgyi Lake in Yangon.

Myanmar is endowed with rich natural resources. It has approximately 250 commercially useful kinds of trees. Mineral deposits include lead, zinc, tin, tungsten, coal, iron core, natural gas, and petroleum, as well as deposits of precious stones such as rubies and lapis lazuli. The government is opening up its economy, and has intensified its economic cooperation with its ASEAN neighbors as well as with China and Japan.

Several agreements have been signed between the Philippines and Myanmar. They include a Memorandum of Understanding on a package of Assistance for Human Resource Development for Myanmar, a Memorandum of Understanding on Visa Exemption for Holders of Diplomatic and Official Passports, an Agreement for the Promotion and Reciprocal Protection of Investments, and an Agreement on Cultural Cooperation.

On June 15, 2012, the second Joint Commission on Bilateral Cooperation (JCBC) between the Philippines and Myanmar was held. The JCBC serves as a venue to discuss areas of mutual interest at a ministerial level. The Foreign Affairs Ministers of the two countries met and discussed political cooperation, trade and investments, education, human rights, agriculture and forestry, tourism, culture and information.

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