Japan will provide 10.5 billion JPY (102.9 million USD) in low-interestloans for Myanmar to help the Southeast Asian country upgrade itscommunications network linking major cities amid increasing demand formobile phones and the Internet.
JapaneseForeign Minister Fumio Kishida announced the decision during talks withhis Myanmar counterpart Wunna Maung Lwin on August 9 on the sidelines ofASEAN meetings in Nay Pyi Taw, Myanmar.
Theloans are expected to help improve communications network involvingYangon, Mandalay and Nay Pyi Taw, as well as to enhance access to theInternet in Yangon, the country’s largest city.
For his part, Wunna Maung Lwin said that Myanmar has decided to loosenits entry regulations by providing one-year, multiple-entry visas forJapanese businessmen.
Myanmar will do itsutmost to boost regional security during its tenure as chair of ASEAN in2014 through such measures as consolidating the legal system andstrengthening the role of the East Asia Summit, he added.-VNA