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Myanmar state counselor leaves for visit to Singapore

by November 30, 2016 General

YANGON, Nov. 30 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi left here Wednesday for Singapore to pay an official visit to the Southeast Asian member nation, according to official sources.

At the invitation of Singapore Prime Minister Lee Hsien Loong, Suu Kyi is expected to hold bilateral talks with Singapore government leadership on promoting bilateral relations and cooperation during her visit.

During her three-day stay in Singapore, Suu Kyi is also expected to meet Myanmar citizens working in the country and attend IE Singapore’s Global Conversation with Singapore businesses among other schedules, Singapore official sources said.

Bilateral relations and cooperation between Myanmar and Singapore have opened a new page as Singapore Prime Minister Lee Hsien Loong visited Myanmar in June.

During Lee’s Myanmar visit, the two countries vowed to enhance cooperation in economy and vocational education, signing an agreement on 30-day mutual exemption of visa for ordinary passport holders of the two countries with effect from Dec. 1.

Singapore stood as Myanmar’s second largest investor after China with 15.596 billion U.S. dollars in 221 projects as of October 2016 since late 1988, accounting for 23.28 percent of the total foreign investment in the country.

A total of 212 Singaporean firms have been permitted to operate in Myanmar, according to the Myanmar Investment Commission (MIC).

Myanmar-Singapore bilateral relations dated back to the year 1966 when the two countries established diplomatic ties.