German FM visits Myanmar to start new chapter of cooperation

   Apr 29, 4:57 pm

Yangon, Apr 29 (Xinhua-ANI): German Foreign Minister Guido Westerwelle arrived Yangon Sunday as part of his trip to Southeast Asia to start a new chapter of cooperation with Myanmar, official sources said.

Westerwelle's visit came a day after an Office of the 27-member European Union (EU) to Myanmar was inaugurated by its Foreign Policy Chief Catherine Ashton on Saturday who is visiting Myanmar for three days until Monday.

Westerwelle will first meet Aung San Suu Kyi, leader of the National League for Democracy (NLD) and parliament representative- elect, shortly after his arrival in Yangon according to schedule.

Westerwelle will travel to Nay Pyi Taw on Monday and call on Myanmar President U Thein Sein to voice support to the country's historic reform process and encourage more reform.

Germany announced decision to resume full-scale development aid to Myanmar following that of the European Union to suspend sanctions against the country for one year.

Germany is known as the second-largest donor to Myanmar after Japan with Myanmar still owing it an estimated 700 million euro in unpaid debt, according to German sources.

EU foreign ministers announced in Luxemburg on April 23 suspension of most sanctions against Myanmar for a year but retained an embargo on arms sale in recognition of its rapid political and economic reforms.

EU's suspension of sanctions rather than complete lifting include that of a ban on investment and trade related to timber and mining.

Sanctions targeted more than 800 companies and nearly 500 people and included the withholding of some development aid.

Meanwhile, the U.S. Treasury has relaxed some sanctions on Myanmar to allow financial transactions to support certain humanitarian and development projects.

Japan has also announced that it will write off 300 billion yen (about 3.7 billion U.S. dollars) debt of Myanmar and resume development aid to support the country's democratic and economic reforms. (Xinhua-ANI)

Sri Lanka Navy to probe naval appointment of Rajapaksa's son Jan 29, 11:39 am
Colombo, Jan.29 (ANI): The Sri Lanka defence ministry has the island-nation's navy to probe the appointment of former President Mahinda Rajapaksa's second son, Navy Lieutenant Yoshitha Rajapaksa.
Full Story
AirAsia Flight QZ8501: Search operation to recover dead bodies may end by next week Jan 29, 11:12 am
London, Jan 29 (ANI): The Indonesian search team chief has reportedly said that the search operation for victims of crashed AirAsia Flight QZ8501 could be ended by the end of next week if no more bodies are found.
Full Story
Tokyo named world's safest city, Jakarta unsafest Jan 29, 11:12 am
Washington, Jan 29 (ANI): Tokyo and Singapore has topped the list of safest cities in the world listed down by The Economist.
Full Story
Black, Asian school-leavers 'most likely' to go on to university than their white counterparts Jan 28, 6:19 pm
London, Jan 28 (ANI): A report has said that Black and Asian school-leavers are more likely to go to university than their white counterparts.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY