May 262013
 
YANGON- Japan on Sunday endorsed Myanmar’s reform programme by writing off nearly $2 billion (£1.3 billion) in debt and extending new aid, some of which will help support an industrial zone being developed by Japanese firms near the commercial capital, Yangon. Japan agreed a year ago to forgive 176.1 billion yen ($1.74 billion) in arrears owed to it by Myanmar’s government and, at the …

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