Japan forgives $3.7 billion of Myanmar's debt - thank you White Dragons! [1]
Sunday, April 22, 2012
Japan forgives $3.7 billion of Myanmar's debt - thank you White Dragons!
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.
More here:
http://www.usnews.com/news/world/articles/2012/04/21/japan-to-forgive-37-billion-of-myanmars-debt [2]