DHAKA: Myanmar’s President Thein Sein has witnessed the signing of a draft ceasefire agreement between the government and 16 rebel groups.

The agreement, which came after seven rounds of talks, is a significant step towards ending decades of conflict, reports the BBC.

Negotiators from the armed rebel groups still have to consult with their leaders before giving final approval.

Rebels from the newest and most active conflict in Kokang did not attend the talks.

The United Nations said the move was a ‘historic and significant achievement’ and provided a basis for ‘genuine and lasting peace in the country’.

BDST: 1908 HRS, MAR 31, 2015