Chinese President Xi Jinping (R) and Myanmar President U Htin Kyaw (Photo: AFP/VNA)

Beijing (VNA) – China and Myanmar have agreed to uphold the principle of mutual respect and win-win cooperation for the sustained, healthy and steady development of bilateral relations.

Xinhua news agency reported that during their talks in Beijing on April 10, Chinese President Xi Jinping told Myanmar President U Htin Kyaw that China will work with Myanmar to synergize the two nation's development strategies, and push forward cooperation in trade, investment, infrastructure, energy, agriculture, water conservancy, electricity, finance and border economic cooperation zone.

"China will work with Myanmar to implement key cooperative programs such as Kyaukpyu Special Economic Zone and connectivity projects," Xi was quoted by Xinhua as saying.

He also suggested that the two sides enhance coordination in multilateral frameworks, such as the United Nations, East Asia cooperation, as well as the Lancang-Mekong Cooperation Framework.

President U Htin Kyaw expressed thanks for China’s help for Myanmar in the process of national reconciliation and socio-economic development.

Following the talks, the two Presidents witnessed the signing of documents on bilateral cooperation on economics, health, transport, sports and forestry, among others.

The same day, the two countries reached agreement on an oil pipeline after nearly a decade of negotiations. The deal between PetroChina and the Myanmar Government will allow the energy giant to import and transport oil from Bengal bay to a newly-built refinery in Yunnan province. The pipeline has a capacity of 260,000 barrels per day.

U Htin Kyaw is on a six-day state visit to China from April 6 to 11 at the invitation of his Chinese counterpart.-VNA