Japan to waive Myanmar debt
- Published: 21 Apr 2012 at 21.37
- Online news:
Tokyo will waive about 300 billion yen ($3.7 billion) of debt by Myanmar and resume suspended assistance to the country, the Japanese government said Saturday.
"Myanmar's reforms are progressing with certainty," said Japanese Prime Minister Yoshihiko Noda at a joint press conference in Tokyo after meeting President Thein Sein for talks.
"At a time when Myanmar's democratisation is reaching a key stage, Japan is declaring to further support its efforts to reform and to continue bolstering assistance," he said.
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