InfoAnda - Japan to write off Myanmar debt in thumbs-up for reform |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Feeling The Pinch: America's Economic Crisis | 12 February 2009
Indonesia police attack suspected militant hideout | 17 September 2009
Black Eyed Peas, "Glee" fire up singles chart | 18 September 2009

New Zealand house prices continue recovery | 11 October 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan to write off Myanmar debt in thumbs-up for reform |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Fred Kempe Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Slideshow Full Focus Photos of the week Our top photos from the past week. Full Article Images of March Follow Reuters Facebook Twitter RSS YouTube Read Search resumes in high-profile New York missing child case 11:10am EDT China military warns of confrontation over seas 10:41am EDT Analysis: Did U.S. fumble chance to peer inside China's secretive leadership? 5:18am EDT Veteran Utah senator appears set to survive Tea Party challenge 9:31am EDT French voters disillusioned on eve of election day 9:22am EDT Discussed 177 Trayvon Martin’s killer showed signs of injury: neighbors 94 Scandal mars Obama’s wooing of Latin America 91 Nugent says had ”solid” meeting with Secret Service Watched Bull on bull in South Korean sport Fri, Apr 20 2012 IMF gets $400 billion commitment Fri, Apr 20 2012 Repaired A380 set for takeoff 5:06am EDT Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Weird world records From who can wear the most bees to who can unicycle the longest. Slideshow Protests in Bahrain Anti-government demonstrations continue in Bahrain. Slideshow Japan to write off Myanmar debt in thumbs-up for reform Tweet Share this Email Print Related News Japan to write off Myanmar debt, restart loans 7:26am EDT Japan to forgive Myanmar debts, restart loans 5:51am EDT Japan to give Y600 billion in aid to Mekong nations over 3 years 1:40am EDT HIGHLIGHTS-G20, IMF/World Bank meetings in Washington Fri, Apr 20 2012 Myanmar president starts Japan trip, loan resumption eyed Fri, Apr 20 2012 Analysis & Opinion Essential reading: U.S. House passes small business tax cut, New York sues Sprint, more Don’t blame Japan for foreign CEO departures Related Topics World » Japan » Myanmar » 1 of 3. Japan's Prime Minister Yoshihiko Noda (L) shakes hands with Myanmar's President Thein Sein during a joint news conference following their bilateral meeting at the Japan-Mekong summit in Tokyo April 21, 2012. Japan has agreed to forgive Myanmar 303.5 billion yen ($3.72 billion) in debt and overdue charges, and resume development loans to the Southeast Asian country, the two nations said on Saturday, in a move to help foster the nascent democracy's economic development. Credit: Reuters/Tomohiro Ohsumi/Pool TOKYO | Sat Apr 21, 2012 12:26pm EDT TOKYO (Reuters) - Japan will write off billions of dollars in debt owed by Myanmar and restart development loans, the leaders of the two countries said on Saturday, in a further move to end the Southeast Asian nation's isolation and strengthen its nascent democracy. The agreement to waive 303.5 billion yen ($3.72 billion) debt and overdue charges was reached during President Thein Sein's visit to Tokyo, the first by a Myanmar head of state in nearly three decades, signaling its steady return to the international fold after decades of brutal military rule. "In order to support Myanmar's efforts for reforms in various areas towards its democratization, national reconciliation and sustainable development, Japan will extend economic cooperation ... while continuously observing the progress of these efforts ...," Japanese Prime Minister Yoshihiko Noda said in a statement. Myanmar, run by the military for five decades until a year ago, has undertaken a series of reforms, allowing the main opposition to run in parliamentary by-elections, releasing political prisoners and easing restrictions on the press. Thein Sein has stunned critics with bold moves that were unthinkable just a year ago, prompting the West to ease sanctions on a nation rich in untapped resources and seen as one of Asia's last frontier markets. The Obama administration announced this month that it planned to gradually ease certain sanctions on Myanmar, while French Foreign Minister Alain Juppe said on Friday European union governments will suspend its punitive measures next week. But Western governments are keen to maintain pressure on the country's quasi-civilian government to keep up democratic transition and say sanctions are being suspended and not lifted altogether. "In our meeting, I welcomed Myanmar's various reform steps including the by-elections. President Thein Sein expressed strong commitment to continuation of democratization, national reconciliation and economic reforms," Noda said. WAIVER Thein Sein's five-day visit to Tokyo is his first to a major industrialized power since reforms were introduced, though he has already been to China and India. "This shows a new page has been turned in Japan-Myanmar ties," he told reporters. Myanmar owes Japan about 500 billion yen as a result of delayed repayment of past development loans. Of the total, 127.4 billion yen is what Japan decided to forgive a decade ago, but it held off on the waiver citing human rights conditions in Myanmar. Another 176.1 billion yen in overdue charges will be waived off after monitoring the country's reform effort for one year. Japan also decided to restart full-fledged development loans to Myanmar to help upgrade the nation's infrastructure. Myanmar is setting up Special Economic Zones in Thilawa, south of Yangon, Kyaukphyu, on the Bay of Bengal and a $50 billion project to the south in Dawei, which could become Southeast Asia's biggest industrial estate. Tokyo will help draw up a blueprint for the Thilawa Special Economic Zone, potentially giving Japanese firms a leg-up over rivals in winning infrastructure projects for the area. Japanese companies have long conducted business in Myanmar, but interest has grown since the reform-minded government took office, particularly in its planned industrial zones. The limitations of Myanmar's transport system could present logistical problems for investors planning to use the country as a manufacturing base. Railways cover only a handful of routes and many roads are in poor condition, even its new ones, while an estimated 75 percent of the country is without access to reliable electricity. Thein Sein joined a six-way summit meeting earlier on Saturday with Noda and top leaders from the Mekong region countries - Cambodia, Thailand, Laos and Vietnam, besides Myanmar. Following the morning meeting, Noda announced Japan will provide 600 billion yen in official development aid to the Mekong region countries in three years from April 2013 to help improve their infrastructure and boost the area's economy. (Reporting by Kiyoshi Takenaka;Additional reporting by Martin Petty; Editing by Sanjeev Miglani) World Japan Myanmar 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. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 21 April 2012
Analysis: Assad foes doubt Syria truce but have few options |
James Blunt, Cherie Blair among new phone-hacking claimants |
U.S. to guarantee loans to help Tunisian transition |
In easing Myanmar sanctions, U.S. seeks to boost reforms |
Mexico's conservatives bet on woman presidential hopeful |
Britain's Cameron offered air tanker as VIP jet |
Argentina seeks Petrobras collaboration in YPF |
Apps become key to mobile advertising: report |
Colton Dixon says Bad Romance turned off Christians |
Fashion's Vogue makes first foray into festivals |
America's Next Top Model drops three of its stars |
More U.N. monitors heading to Syria as 13 people killed |
Pakistani plane crashes with 127 on board |
Analysis: Did U.S. fumble chance to peer inside China's secretive leadership? |
Afghan security intercepts insurgents with 10,000 kilograms of explosives |
Roadside blasts in Baghdad kill three: Sources |
China top military paper warns of armed confrontation over seas |
Key Indonesian mining policy maker ill after mountaineering accident |
Vietnam seeks foreign help after skin disease kills 19 |
Strong quake hits eastern Indonesia |
Japan to give Y600 billion in aid to Mekong nations over 3 years |
Google execs, director Cameron in space venture |
Big-data investors look for the next Splunk |
Bronze statue of singer Willie Nelson unveiled in Texas |
Afghanistan arrests insurgents with explosives, makes Pakistan link |
Protests, clashes, death cast pall over Bahrain Grand Prix |
Czechs in mass march against austerity as government wobbles |
Libya says building case against Gaddafi son: ICC prosecutor |
China and North Korea hold highest-level talks since rocket |
New Brotherhood candidate pitched in to Egypt race |
Japan to write off Myanmar debt in thumbs-up for reform |
China military warns of confrontation over seas |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01