• Kyodo

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The government is planning to start providing yen loans to Myanmar for the first time since the late 1980s to help the long-isolated country’s economic development, Foreign Minister Koichiro Genba said Tuesday.

“I feel that the ongoing democratization and national reconciliation are real,” Genba said in a speech in Tokyo. “To further accelerate these positive moves in Myanmar, I believe it is essential to build infrastructure on a full scale and to that end the restart of loans is needed.”

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