US approves $21m assistance to Myanmar
US approves $21m assistance to Myanmar
The Nation, 25 Jul 2016
URL: http://www.nationmultimedia.com/business/US-approves-$21m-assistance-to-Myanmar-30291292.html
YANGON - The United States will provide an additional US$21 million (Bt730 million) in assistance to Myanmar, to promote economic growth and capacity building for long-term development in the country.
The initiative will support the government's goal of tripling exports in five years; strengthen the ability of the government and the legal system to provide accountable and transparent oversight; and help modernize the agriculture sector which will be the driver of employment over the next 10 years, said Ben Rhodes, US deputy national security adviser.
Rhodes was on his fifth visit to Myanmar last week.
Rhodes emphasized the US commitment to strengthen support for democratic consolidation, national reconciliation, and people-to-people engagement. The focus will be on helping President Htin Kyaw's administration to establish the rule of law and strengthen the agricultural sector.
The initiative will support the government's goal of tripling exports in five years; strengthen the ability of the government and the legal system to provide accountable and transparent oversight; and help modernize the agriculture sector which will be the driver of employment over the next 10 years, said Ben Rhodes, US deputy national security adviser.
Rhodes was on his fifth visit to Myanmar last week.
Rhodes emphasized the US commitment to strengthen support for democratic consolidation, national reconciliation, and people-to-people engagement. The focus will be on helping President Htin Kyaw's administration to establish the rule of law and strengthen the agricultural sector.