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Full Article Images of December Best photos of the year Follow Reuters Facebook Twitter RSS YouTube Read As Florida votes, Romney seems in driver's seat | 1:02am EST President Obama Misses LAPD Officer's Marijuana Question As Google Skips It 30 Jan 2012 In Facebook IPO, bankers seek prestige over fees | 30 Jan 2012 Special report: Mormonism besieged by the modern age | 30 Jan 2012 House Republicans want $260 billion for infrastructure 30 Jan 2012 Discussed 137 U.S. outrage as Egypt bars Americans from leaving 79 Obama to make pitch for second term in State of the Union 74 U.S. raid frees two pirate hostages in Somalia Watched Iran sends toy drone to Obama Sun, Jan 29 2012 Boy's foetus twin shock 12:14am EST Iran threatens action against U.S. Mon, Jan 30 2012 Myanmar says it will put stability ahead of economy: report Tweet Share this Email Print Related News Location, location, location: Myanmar's the hot new neighbourhood Mon, Jan 30 2012 China's Wen: government debt risk "controllable" Sun, Jan 29 2012 Myanmar's Suu Kyi calls for changes to constitution Sun, Jan 29 2012 Myanmar shift to democracy not over, more reform ahead: minister Sat, Jan 28 2012 Special Report: In Mekong, Chinese murders and bloody diplomacy Fri, Jan 27 2012 Analysis & Opinion Obama in bind over corporate tax reform-ex-Aide Obituary of a scandal : A first draft on Pakistan’s “Memogate” Related Topics World » Myanmar's President Thein Sein sits in the waiting room before meeting Singapore's Prime Minister Lee Hsien Loong to the Istana in Singapore January 30, 2012. Credit: Reuters/Edgar Su SINGAPORE | Tue Jan 31, 2012 2:18am EST SINGAPORE (Reuters) - Myanmar President Thein Sein said his government was committed to political reform and would put the stability of the country ahead of economic development, Singapore's Straits Times newspaper reported on Tuesday. The president, in Singapore for a three-day official visit that began on Sunday, has overseen dramatic reforms over the past few months, including the freeing of hundreds of political prisoners, a loosening of media controls and engagement with Aung San Suu Kyi, leader of the fight for democracy. The government has also agreed to ceasefires with several ethnic rebel groups in the past three months and is holding talks with others, some of which have been fighting for autonomy for decades. "The future of Myanmar lies in peace and stability, while economic development is a secondary priority for the country," Thein Sein said in an interview with the newspaper. "We are already on the chosen path to democracy and we will continue. We are nurturing the system to have a flourishing democracy in the country," he said. Thein Sein was part of the junta that stepped aside when a nominally civilian government took office last March. As the country has opened up to the outside world, ministers have started speaking more to the media. The president indicated interest in developing trade in foreign currencies and stocks as part of economic reforms. "At the moment we do not have the skills and expertise (in this area) and are seeking technical assistance from international financial institutions," he said. Japan's Daiwa Securities is advising on how to develop the barely functioning stock exchange it helped set up in Myanmar in the 1990s. South Korean bourse operator Korea Exchange has held talks with the authorities on a separate bourse. The International Monetary Fund is advising on currency reforms. Singapore said on Monday it would help Myanmar train its people in areas such as economic planning and urban development. The government has launched a number of initiatives to boost the economy, introducing tax breaks for foreign investors and announcing tax exemptions to help exports of commodities such as rice, beans, corn and rubber. But the secretary-general of the Association of South East Asian Nations (ASEAN), of which Myanmar is a member, said on Tuesday that more needed to be done in order to enjoy the trade perks the grouping can offer. "We make it clear Myanmar will not benefit from dynamism from ASEAN, all the connectivity with ASEAN and the rest of the world until Myanmar makes adjustment inside, make some changes, amendment in the law, in the foreign investment law, in the production system," Surin Pitsuwan told a news conference in Tokyo. "We do not just look for resources, we do not just look for manpower, cheap labor... We also would like to share with them our own experiences. They can emulate what is right, they can avoid what we have done wrong. But Myanmar has certainly ASEAN to rely on." (Reporting by Harry Suhartono; Additional reporting by Kaori Kaneko in Tokyo; Editing by Martin Petty) World Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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