Though it was lauded as a significant step the opposing sides have tussled over words and rights over natural resources for months the continued fighting between the army and small rebel groups along the northern frontier highlighted the many challenges ahead.
"I'm really happy that the two sides have finally agreed on a single draft," said President Thein Sein, who briefly attended the signing. "This opens the door for political dialogue and also further peace talks."
The specifics were not released and it remained unclear when the final cease-fire deal would be signed.
Myanmar stunned the world by opening politically and economically in 2011 following elections that most rights groups say were neither free nor fair. Though Thein Sein started steering the country from a half-century of dictatorship toward democracy, early reforms have either stalled or begun regressing.
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That's upped the stakes of getting cease-fire deals with all ethnic armies, one of the president's biggest pledges.
The Kachin Independence Army has been one of the most stubborn holdouts, and its agreement to sign was significant.
But fighting that started last month between rebels and the government in the Kokang region of Shan state continues, complicating ongoing talks. Tens of thousands of people have fled across the border to China. The Ta'ang National Liberation Army, also in Shan state, was refusing to sign on as well.