The proposals of Union Accord Part III submitted to the fourth meeting of the 21st Century Panglong Peace Conference were approved at the 20th Meeting of Myanmar's Union Peace Dialogue Joint Committee (UPDJC) held in capital Nay Pyi Taw on Thursday, a senior official told a press conference, Xinhua reported.

At the meeting, State Counsellor Aung San Suu Kyi, in her capacity as chair of National Reconciliation and Peace Center, said internal peace can be achieved with a real federal union for the country.

The Union Accord Part III includes three parts relating to the Nationwide Ceasefire Agreement (NCA) implementation, post-election activities and basic federal principles and will be signed on the last day of the meeting.