The National Unity Government (NUG) has officially notified the Russian Ministry of Foreign Affairs that the investment and business agreements signed during military council leader Min Aung Hlaing’s visit to Russia are ineffective. This was announced by NUG Presidential Office spokesperson U Kyaw Zaw during a recent press briefing.
Min Aung Hlaing visited Russia and Belarus from March 3 to 9, during which he sought to secure arms purchases, illegal funding channels, arrangements for sending Myanmar workers abroad, and various investment agreements. The NUG has emphasized that these agreements are illegitimate and will not result in sustainable investments. The visit was characterized as an attempt by the military council to maintain its grip on power, procure weapons, seek illegal funding sources, exploit Myanmar’s workforce, and boost the morale of their failing military forces while seeking political legitimacy through fraudulent elections.
The National Unity Government has made it clear that it will only honor and take responsibility for international agreements and contracts that were signed before the military coup. The NUG has issued orders declaring that all permits and approvals issued by the military council’s Myanmar Investment Commission (MIC) are invalid, and all ongoing investment activities operating under such permits must cease immediately. While the military council continues to seek international support to maintain its power, it faces strong resistance from the people of Myanmar and continues to suffer military defeats. The NUG has specifically warned that any investment activities conducted under the military council’s authority lack legal standing and has urged all international parties to cease economic cooperation with the illegal regime.
