News / Asia

Burmese Trade Minister Promises More Reforms

A top Burmese official is promising the international community that his country's military-backed government is not done implementing democratic reforms.

Trade Minister U Soe Thane told Reuters Saturday the process of reform "is not finished yet."  He said Burma's government is still looking at additional political changes as well as reforms in the economic sector.

U Soe Thane made the comments in Davos, Switzerland where he is leading Burma's first official delegation to the World Economic Forum.

He said Burma is trying to create an investment friendly environment and attract interest from some of its neighbors, like Thailand, Bangladesh, India and Laos, in addition to China, the United States and the European Union.

Nobel Peace Prize winner and Burmese opposition leader Aung San Suu Kyi has also made an appearance at the conference, addressing delegates by video.  She called U Soe Thane's presence in Davos a sign of positive changes.  But she also warned that Burma has not yet reached a point of "great transformation.''    

Earlier this week, a team from the International Monetary Fund (IMF), which just concluded a visit to Burma, said the country has the potential of becoming the next economic frontier in Asia. The team urged Burma to remove impediments to growth by liberalizing trade and direct foreign investment, and by modernizing its financial sector.

In recent months, Burma has freed a number of political prisoners, including Aung San Suu Kyi, who was under house arrest and now plans to run for parliament. It also has opened peace talks with ethnic rebels and loosened controls on the media.

But critics of Burma say despite the transition from military to civilian rule, Burmese generals still dominate parliament and politics.

Some information for this report was provided by AP, AFP and Reuters.

You May Like

China Investigates Former Powerful Security Chief

Former security chief and member of Politburo Standing Committee, Zhou Yongkang, under investigation for suspected 'serious disciplinary violation' More

India, US Look to Reset Ties During Kerry Visit

This week's talks will be first high level interaction between two countries since Prime Minister Narendra Modi took charge More

Video Young African Leadership Program Renamed to Honor Mandela

YALI program, launched by President Obama in 2010, aims to build skills in business, entrepreneurship, public management and civic leadership More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Vietnamese Staging Chinese Product Boycott After Oil Rig Spati
X
Reasey Poch
July 28, 2014 7:18 PM
China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video Vietnamese Staging Chinese Product Boycott After Oil Rig Spat

China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video ESA Spacecraft to Land on a Comet

After a long flight through deep space, a European Space Agency probe is finally approaching its target -- a comet millions of kilometers away from earth. Scientists say the mission may lead to some startling discoveries about the origins of the water on earth. VOA’s George Putic has more.
Video

Video Young Africans Arrive in US for Leadership Program

President Barack Obama's Young African Leadership Initiative has brought hundreds of young Africans to the United States for a six-week program aimed at building their knowledge and skills in fields such as public administration and business. Out of the 50,000 young Africans who applied for the program, just one percent was accepted. VOA's Laurel Bowman caught up with some of those who made the cut and has this report.
Video

Video In Honduras, Amnesty Rumors Fuel US Migration Surges

False rumors in Central America are fueling the current surge of undocumented young people being apprehended at the U.S. border. The inaccurate claims suggest the U.S. will give amnesty to young migrants from the region. As VOA's Brian Padden reports from Honduras, these rumors trace back to President Obama's 2012 executive order to halt deportations for some young undocumented immigrants already living in the United States.
Video

Video Students in Business for Themselves

They're only high school students, but they are making accessories for shoes, fabricating backpacks and doing product photography - all through their own businesses. It's the result of a partnership between a non-profit organization that teaches entrepreneurship and their schools. VOA's Mike O'Sullivan and Deyane Moses met the budding entrepreneurs near Los Angeles.
Video

Video Astronauts Train in Underwater Lab

In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.

AppleAndroid