Ja­pan of­fers US$1.3 bil­lion to Myan­mar at ASEAN sum­mits

The Myanmar Times - - News - NYAN LYNN AUNG nyan­lin­aung@mm­times.com

JA­PAN has pledged 135 bil­lion yen (US$1.33 bil­lion) to Myan­mar as its Prime Min­is­ter Shinzo Abe and State Coun­sel­lor Daw Aung San Suu Kyi held bi­lat­eral talks yes­ter­day on the side­lines of the ASEAN sum­mits and re­lated meet­ings in Vientiane, Laos.

Ac­cord­ing to Myan­mar’s ASEAN af­fairs del­e­ga­tion, the two coun­tries’ del­e­ga­tions dis­cussed poverty al­le­vi­a­tion and de­vel­op­ment of the agri­cul­tural sec­tor in Myan­mar, as well as prospects for the state coun­sel­lor vis­it­ing Ja­pan later this year.

U Kyaw Zayra, di­rec­tor gen­eral of the ASEAN Af­fairs Depart­ment, said part of de­vel­op­ment as­sis­tance funds would go to­ward Myan­mar’s on­go­ing peace process.

Ahead of the meet­ing between the two coun­tries’ lead­ers this week, Hiroto Izumi, a spe­cial ad­viser for Mr Abe, vis­ited Myan­mar last month and met with the state coun­sel­lor.

The two dis­cussed Ja­pan’s ac­tiv­i­ties in Myan­mar, in­clud­ing the “Yan­gon city mas­ter plan” drafted by the Ja­pan In­ter­na­tional Co­op­er­a­tion Agency, agri­cul­tural de­vel­op­ment and the Thi­lawa spe­cial eco­nomic zone, which Ja­pan has been in­stru­men­tal in es­tab­lish­ing.

Tokyo is also ea­ger to host the state coun­sel­lor, ac­cord­ing to U Kyaw Zayra.

“Ja­pan in­vited the state coun­sel­lor to visit Ja­pan as a pri­or­ity and the visit might hap­pen in late Oc­to­ber,” he told The Myan­mar Times.

Yes­ter­day Daw Aung San Suu Kyi also sat for a bi­lat­eral meet­ing with the Viet­nam del­e­ga­tion in Vientiane.

U Min Lwin, the top Myan­mar en­voy at the ASEAN sec­re­tar­iat in Jakarta, said Viet­namese in­vest­ment in the telecom­mu­ni­ca­tions, bank­ing and tourism sec­tors was dis­cussed.

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