"Both sides have identified agriculture as being the value proposition that New Zealand can bring to the relationship," Mr McCully told the Herald.
It was the poorest country is the Asean group of countries and it saw commercialising agriculture as being one of the really big opportunities.
"We should also see this as a commercial opportunity for New Zealand," he said. "This is a country that is located between India and China, two huge agricultural markets."
"We should see this as an opportunity for us to contribute to their development at a critical phase but also a chance to forge some longer term commercial relationships."
Burma's Speaker, U Shwe Mann, also a former general, is expected to visit in the next few weeks, as well.
He is widely expected to stand in the next presidential elections in 2015. The wording of the present constitution bans the Opposition leader Aung San Suu Kyi from standing alhtough there has been talk of amending it.
Asked if New Zealand would be raising the issue of further constitutional reforms in Burma with the president, Mr McCully said if it did, it would be about refomrs in general and not about Aung San Suu Kyi.
Governor-General Sir Jerry Mateparae was scheduled to host a state dinner for the President last night at Government House in Auckland, after a state welcome including a haka party and a 21-gun salute.
The President will meet with Fonterra representatives today and visit a nursery and farm tomorrow.