September 22, 2017

President U Thein Sein thanks Japan for development assistance in Mekong region

Cambodian Prime Minister Hun Sen, Lao Prime Minister Thongsing Thammavong, Japanese Prime Minister Shinzo Abe, Myanmar President U Thein Sein, Thai Prime Minister Prayut Chan-o-cha and Vietnamese Prime Minister Nguyen Tan Dung hold a joint press conference after their summit in Tokyo on July 4, 2015.
Cambodian Prime Minister Hun Sen, Lao Prime Minister Thongsing Thammavong, Japanese Prime Minister Shinzo Abe, Myanmar President U Thein Sein, Thai Prime Minister Prayut Chan-o-cha and Vietnamese Prime Minister Nguyen Tan Dung hold a joint press conference after their summit in Tokyo on July 4, 2015.

Myanmar President U Thein Sein and Japanese Prime Minister Shinzo Abe attended a bilateral summit Saturday in Tokyo that focused on the creation of two economic zones and the development of vital infrastructure, agriculture and human resources.
The Myanmar-Japan summit also covered the Korean Peninsula peace talks, and the reorganization of the United Nations Security Council.
Japan granted 72.18 billion yen (US $59 million) to Myanmar for 50 projects from 2012 to 2015. The Japanese government has agreed to provide 100 billion yen worth of loans for the Yangon circular railroad project, power projects, and the East-West economic corridor project.
At a joint press conference, President U Thein Sein thanked Japan for its support of the peace process in Myanmar.
The Thilawa special economic zone is expected to start operations in September, with the president saying Myanmar will make arrangements for the implementation of the Dawei special economic zone in cooperation with Thailand and Japan.
Myanmar expressed its support for Japan’s active role in maintaining peace and stability by working closely with the international community. The country also supported the efforts Japan has put into the restructuring of the UN Security Council. The president urged Japan to help his country with its economic reforms.
President U Thein Sein, Japanese Prime Minister Shinzo Abe and Thai Prime Minister Prayut Chan-o-chaattended the signing of a memorandum of intent on the Dawei special economic zone.
The MOI was signed by Myanmar Deputy Minister for Transport U Han Sein, Japanese Deputy Minister of Foreign Affairs Mr Nakane and Thai Deputy Minister of Transport Mr Arkhom.
In the morning, President U Thein Sein attended the 7th Mekong-Japan Summit in Tokyo, which also included Cambodia’s Prime Minister Samdech Hun Sen, Laos’ Prime Minister Thongsing Thammavong, Thailand’s Prime Minister Prayut Chan-o-cha and Vietnam’s Prime Minister Nguyen Tan Dung.
President U Thein Sein thanked Japan for providing over 600 billion yen in loans over the past three years to help the region’s development.
As an economic hub, the Mekong region has a population of nearly 240 million, with a combined GDP of about US $664 billion.
The president stressed the need for peace and stability for economic growth in the region, welcoming Japanese assistance of 750 billion yen over the next three years.
Myanmar is planning to establish a university in Shan State, which the president said would be named “Mekong University,” with the aim of creating a new level of cooperation in education, social and cultural sectors among Mekong nations.
Improvement of transport infrastructure, economic cooperation for small and medium enterprises and development of human resources are at the top of the agenda for Mekong-Japan cooperation.
“Myanmar has placed special emphasis on these three measures,” the president said.
Next, a press conference on Mekong-Japan Summit took place. After the press meet, leaders of Mekong sub-region countries together with Japanese Prime Minister signed in footballs and presented the balls to the captains of the respective teams.
In the evening, President U Thein Sein met Dr Nobuhiro Endo, President of NEC Corporation of Japan, and Mr Kazuo Ohmori, Chairman of Sumitomo Corporation, separately, at Tokyo’s Hotel New Otani.
The president also met Mr Hideo Watanabe, Chairman of the Japan Myanmar Association, and Mr Yohei Sasakawa, Chairman of the Nippon Foundation, at the Kasumigaseki Building in Tokyo, followed by a dinner hosted by the Japan Myanmar Association.

President U Thein Sein shakes hands with Prime Minister Shinzo Abe at the press conference.
President U Thein Sein shakes hands with Prime Minister Shinzo Abe at the press conference.

Comments

Related posts

Translate »