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Monday, December 31, 2012

Japan’s Deputy PM to visit Naypyitaw, Thilawa

Japan’s Deputy PM to visit Naypyitaw, Thilawa

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Japan’s Deputy Prime Minister Taro Aso will visit Burma on Wednesday and is scheduled to hold talks with President Thein Sein the following day in Naypyitaw, Japanese media have reported.
    
Japan’s Deputy Prime Minister Taro Aso (PHOTO: kantei.go.jp)
Japan’s Deputy Prime Minister Taro Aso (PHOTO: kantei.go.jp)
The visit by Aso, who is also Finance Minister, will be the first foreign encounter by a Japanese Cabinet member since new Prime Minister Shinzo Abe was elected last week.

“Aso's trip is intended to bolster relations with the rapidly emerging country [Burma] and help Japanese companies make inroads into its expanding economy, and may also include a meeting with Finance and Revenue Minister Win Shein,” Japan Times reported, quoting sources.

On Friday, Aso is reportedly scheduled to visit the Thilawa Special Economic Zone on the outskirts of Rangoon, and to pay tribute at a cemetery where Imperial Japanese soldiers who died during WWII are buried.

Tokyo is due to write off Burma’s debt in January, and will lend Naypyitaw a fresh ¥50 billion (US $600 million) under highly favorable terms in 2013.

Aso’s visit comes as several major Japanese firms gear up for entry into many of Myanmar’s nascent industries.


Related articles:

http://www.mizzima.com/business/8634-japans-nec-opens-branch-office-in-rangoon.html

http://www.mizzima.com/news/breaking-and-news-brief/8463-hitachi-to-open-in-rangoon.html

http://www.mizzima.com/business/6981-japan-forgives-burma-debt-pledges-74-billion-to-mekong-region.html
Last Updated ( Monday, 31 December 2012 12:59 )  
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