Thursday, July 12, 2012

Thein Sein, Clinton to meet in Siem Reap

Thursday, 12 July 2012 13:26 Mizzima News

U.S. Secretary of State Hillary Clinton will meet Burmese President Thein Sein in Siem Reap in Cambodia on Friday to discuss the easing of U.S. sanctions and other issues, a U.S. official said on Thursday.

The two leaders will meet on the sidelines of a U.S. business conference. U.S. companies are now legally allowed to make investments in Burma, the U.S. announced on Wednesday.

Clinton will host the largest ever gathering of American businesses in Asia at the Siem Reap conference, which follows her meetings with Asean and other Asian organizations during the past two days.

Thein Sein on Thursday urged the West to lift all sanctions against Burma as it embarks on a “second wave” of economic reforms.

"It is extremely important that sanctions be lifted – both financial and other economic sanctions – to make possible the sort of trade and investments that this country desperately needs at this time," he told the Financial Times.

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