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Japan grants fresh aid to Burma
- Subject: Japan grants fresh aid to Burma
- From: moe@xxxxxxxxxxxxx
- Date: Mon, 02 Jun 1997 21:04:00
Japan grants fresh aid to Burma
07:03 a.m. Jun 02, 1997 Eastern
RANGOON, June 2, (Reuter) - Japan, a major creditor of Burma,
has granted a two billion yen ($17.2 million) loan to the Burmese
military government, the Japanese embassy in Rangoon said on
Monday.
The loan brings Japan's total loans to Burma to 102.9 billion yen
($884.4 million) over the past two decades, Japanese diplomatic
sources said.
Japan latest aid to debt-ridden Burma comes just after the
Association of South East Asian Nations (ASEAN) agreed to give
Rangoon, as well as Cambodia and Laos, membership in July.
ASEAN at present groups Brunei, Indonesia, Malaysia, Philippines,
Singapore, Vietnam and Thailand. ^REUTER@