Friday, April 25, 2025
5:54 PM
Doha,Qatar
RELATED STORIES
Myanmar State Counselor Aung San Suu Kyi

Myanmar's Suu Kyi visits Japan, seeking investment

Myanmar leader Aung San Suu Kyi arrived in Japan on Tuesday to court investment and aid, as an upsurge in violence against a persecuted Muslim minority at home posed the worst crisis of her six months in power and brought US criticism.

Soldiers have poured into an area of northwestern Rakhine state in a crackdown on Rohingya Muslims after an insurgent group the government believes has ties to overseas Islamists launched a series of attacks.

Soldiers have been accused of raping and killing Rohingyas during the operation.

The crisis has sharpened tension between Suu Kyi's civilian administration and the army, which ruled the country for decades and retains major powers, and criticism of her is mounting.

The US State Department said last week it had voiced concern to Myanmar about the reported rapes.

Suu Kyi's five-day visit to Japan is the latest in a whirlwind of foreign trips promoting her country as an investment destination. She has already been to China, the United States and India.

Myanmar needs Japanese investment and robust bilateral ties as a counterweight to China, its largest trading partner.

Japan, for its part, is eager to seek opportunities in meeting Myanmar's extensive infrastructure and development needs, a Japanese foreign ministry official told reporters.

During her visit, Suu Kyi will meet Prime Minister Shinzo Abe and Foreign Minister Fumio Kishida. She will also visit Kyoto, where she lived while doing research into her father, Aung San, Myanmar's independence hero.

Nearly 50 years of economic mismanagement by a military dictatorship has left the country's roads, airports and electricity supply shattered. This means there is little homegrown industry and Myanmar's recent annual economic growth of 8 percent has been mostly underpinned by imports.

In September, when Suu Kyi visited the United States, President Barack Obama announced he would remove most economic sanctions. Suu Kyi two weeks ago promised foreign investors a clearer legal framework and opportunities in untapped sectors.

Japan never imposed trade and financial sanctions against the country. As a result, Japan already has a significant presence, centred around the Japan-led Thilawa Special Economic Zone.

Thilawa, a 6,200 acre (2,500-hectare) industrial project on the outskirts of Yangon, the country's largest city, is about to begin its second phase of development in November.

In the fiscal year ending in March 2015, Japanese direct investment in Myanmar totalled $86 million, according to the Foreign Ministry.

Exports from Myanmar were worth $513 million, mainly clothing and agricultural products, while Myanmar imports from Japan were worth $1.3 billion, largely cars and machinery.

Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details