Friday, July 15, 2016

Myanmar - France pledges €200m aid

France is ready to grant €200 million in aid and will provide more assistance for development, according to Jean-Marc Ayrault, the visiting French minister for foreign affairs and international development.

Aung San Suu Kyi, foreign affairs minister, and Ayrault held a joint press conference after the meeting in Nay Pyi Taw.

Suu Kyi said: “We have a better relationship with France. We are very interested in France’s culture and in Yangon French culture is interesting and gives happiness to the people. France helps political and economic development in addition to the cultural sector. I feel very happy as I can say 'thanks' now.”

Ayrault said he hoped that the country could reform through the people’s effort. France's development agency has been involved in Myanmar’s development tasks in areas like Yangon's urban development plan and energy and health sectors.

“France plans to increase development funds for Myanmar. We are ready to grant €200 million in aid. We are involved in social and youth programmes. NGOs from France are working here. We want to cooperate in economic development and culture,” he said.

Ayrault said Paris was interested in investing in the energy and construction sectors while boosting infrastructural development.

"We would like to extend a helping hand to the health, urban development and transport sectors, especially the Yangon urban development plan," he added.

He paid respect to the military's reforms, adding that France was keen to assist in the peace-making process.


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