Japan's Abe offers $1 billion in rural aid to Myanmar's Suu Kyi

The package of low-interest loans will be used to fund projects including infrastructure


Reuters November 14, 2017
Japanese Prime Minister Shinzo Abe PHOTO: AFP

TOKYO: Japan's Prime Minister Shinzo Abe on Tuesday pledge up to 117 billion yen ($1.03 billion) of development aid to Myanmar in a meeting in Manila with government leader Aung San Suu Kyi.

The package of low-interest loans will be used to fund projects including infrastructure and small company financing meant to help improve rural incomes, Japan's Ministry of Foreign Affairs said in a release.

Pakistan urges Myanmar to ensure safety of persecuted Rohingya Muslims

The aid pledge comes as Myanmar comes under intense criticism from human rights groups, the United Nations and other
countries for a counter-insurgency operation that has sparked an
exodus of more than 600,000 Rohingya Muslims to Bangladesh since
August.

Abe and Suu Kyi are in the Philippines for an Association of South East Asian Nations conference including other regional leaders. While there, Suu Kyi, whose administration has no control over the security forces under a constitution drafted during military rule, discussed the Rohingya crisis with U.N. Secretary-General Antonio Guterres.

China and the United States also compete for influence in
Myanmar.
($1 = 113.6800 yen)

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