(Lucas : If Myanmar one of the poorest countries in the world is forgiven a bit a debt that is great news and a good gesture. Is this a sign for what is coming next?)
By MALCOLM FOSTER, Associated Press
TOKYO (AP) — Japan said Saturday it will forgive about 300 billion yen ($3.7 billion) of Myanmar’s debt and resume development aid as a way to support the country’s democratic and economic reforms.
The government made the announcement after a meeting between Prime Minister Yoshihiko Noda and Myanmar President Thein Sein following a summit with leaders from the five nations of the Mekong River region.