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The signing ceremony of agreement on establishment of Inter-Governmental Myanmar-Russia Commission for Trade and Economic Cooperation was held at Myanmar International Convention Centre-2 in Nay Pyi Taw with an attendance of Vice President U Nyan Tun. Union Minister Dr. Kan Zaw and Minister for Economic Development of Russia Alexey V Ulyukaev signed the agreement and it was followed by the first meeting of the session.

A ceremony to honour victorious Myanmar U-19 football team that gained champion in 2014 Hassanal Bolkiah Football Cup, was held at MICC-2 in Nay Pyi Taw, yesterday. President U Thein Sein hosted a dinner and honoured the victorious footballers. The success of Myanmar football team has remarked an important milestone in the history of Myanmar football field and can show the highest level of team spirit, unity and sportsmanship. Through the Hassanal Bolkiah Cup, Myanmar has secured second places two times and this time Myanmar team won not only champion trophy but also fair play award.

US Assistant Secretary of State Charles Rivkin visits a facility of American brand Caterpillar in Yangon. 

The US assistant secretary of State economic and business affairs visited to American tractor company on Friday.

Assistant Secretary Charles Rivkin acknowledged the progress of American brand Caterpillar in Myanmar, since it was established in 1995, especially the CSR programs it implements, including apprenticeship program. 

Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin. The rebels added that they’ll open up a 'humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled. Russia is accused of pushing troops and weapons into the former Soviet republic to shore up a separatist rebellion. Russian President Vladimir Putin also called on militia forces "to open a humanitarian corridor for encircled Ukraine servicemen.

Malaysia Airlines will cut 6,000 jobs as part of a restructuring plan following the twin aviation disasters of MH17 and MH370. In a statement on Friday, majority investor Khazanah Nasional said the carrier will reduce its staff from 20,000 to 14,000 in its plans to stem. Khazanah also said Malaysia Airlines will be de-listed by the end of this year. The state fund added it aims to return the carrier to profitability within three years of de-listing, and intends to re-list the company between 2018 and 2020.

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Updated on 29-8-2014  11:46 AM