BR100 Increased By (0.27%)
BR30 Increased By (0.91%)
KSE100 Increased By (0.31%)
KSE30 Increased By (0.26%)
AGHA 7.52 Decreased By ▼ -0.01 (-0.13%)
BECO 5.12 Increased By ▲ 0.01 (0.2%)
BML 60.61 Increased By ▲ 2.31 (3.96%)
BOP 34.62 Increased By ▲ 0.04 (0.12%)
CNERGY 14.97 Increased By ▲ 1.29 (9.43%)
CSIL 6.39 Increased By ▲ 0.09 (1.43%)
FCCL 57.33 Decreased By ▼ -0.22 (-0.38%)
FFL 16.33 Decreased By ▼ -0.17 (-1.03%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.51 Increased By ▲ 0.15 (2.04%)
KOSM 6.05 Increased By ▲ 0.07 (1.17%)
LOTCHEM 27.62 Increased By ▲ 0.11 (0.4%)
MLCF 102.11 Increased By ▲ 0.18 (0.18%)
NBP 204.01 Increased By ▲ 0.72 (0.35%)
NCPL 61.24 Increased By ▲ 0.77 (1.27%)
NPL 70.00 Increased By ▲ 0.20 (0.29%)
OGDC 319.49 Increased By ▲ 1.01 (0.32%)
PACE 10.96 Decreased By ▼ -0.16 (-1.44%)
PAEL 42.88 Increased By ▲ 0.02 (0.05%)
PIBTL 16.72 No Change ▼ 0.00 (0%)
PPL 233.51 Increased By ▲ 2.89 (1.25%)
PRL 84.40 Increased By ▲ 7.67 (10%)
PTC 72.01 Increased By ▲ 0.83 (1.17%)
SSGC 27.16 Increased By ▲ 0.06 (0.22%)
TBL 10.10 Decreased By ▼ -0.18 (-1.75%)
TELE 8.54 Decreased By ▼ -0.02 (-0.23%)
TPL 23.35 Decreased By ▼ -0.24 (-1.02%)
TPLP 15.62 Increased By ▲ 0.17 (1.1%)
TREET 24.30 Decreased By ▼ -0.21 (-0.86%)
TRG 60.20 Increased By ▲ 0.11 (0.18%)
Top News

Myanmar president starts diplomatic campaign in Japan

Published Updated

TOKYO: Myanmar President Thein Sein arrived in Japan on Friday on the latest stage in his country's journey back to international respectability.

The visit will include talks with Prime Minister Yoshihiko Noda, who is reportedly set to announce that Japan will forgive Myanmar's 300 billion yen ($3.7 billion) debt and is ready to restart a suspended assistance programme.

On a five day trip, Thein Sein is scheduled to meet top Japanese business leaders and visit thermal power plants, as well as take part in a six-way Japan-Mekong summit on Saturday.

The meeting groups hosts Japan with five Mekong delta nations Cambodia, Laos, Myanmar, Thailand and Vietnam.

The Japan-Myanmar summit at which the reported debt waiver is expected to be announced is scheduled for Saturday.

The visit comes as Japan and other economic powers are looking to encourage the potentially resource-rich nation in its gradual democratic transition from a junta-controlled regime.

Myanmar has come in from the global cold since polls last year saw the election of a nominally civilian government.

Earlier this month democracy campaigner Aung San Suu Kyi was elected to parliament and international sanctions on the regime are increasingly being relaxed.

Japan has recently dispatched top officials, including the foreign and industry ministers along with business leaders, to Myanmar which has rich natural gas reserves as well as strong fisheries and agricultural potential.

After US Secretary of State Hillary Clinton went to the country in December, scores of Western dignitaries have visited the nation, while Beijing has also exerted its military and economic influence.

British premier David Cameron visited the former British colony earlier this month, becoming the first Western leader to go there since the junta took power in 1962.

Thein Sein, who is the first leader of the former dictatorship to visit Japan in 28 years, is also set to meet Japan's Emperor Akihito during a royal tea ceremony with other regional leaders.

Unlike major Western nations, Japan maintained trade ties and dialogue with Myanmar during its years of isolation, warning a hard line on the then-ruling junta could push it closer to China, its key ally and commercial partner.

Since taking office in March 2011, Thein Sein has travelled overseas several times to attend regional summits in Indonesia and Cambodia, as well as for bilateral talks with neighbouring China and India.

Thein Sein visited Japan as prime minister in 2009 for a Japan-Mekong summit.

Copyright AFP (Agence France-Presse), 2012

Comments

Comments are closed for this article.

More Stories