May 20, 2016

S'pore exploring investment treaty with Myanmar

Singapore is exploring the possibility of negotiating a bilateral investment treaty with Myanmar, Foreign Minister Vivian Balakrishnan said yesterday during an introductory visit to Naypyitaw.

Such a deal will give potential investors "a greater sense of assurance, of security, of policy and regularity certainty", he said, adding that it will also accelerate investment.

Dr Balakrishnan was speaking at a joint press conference with Myanmar State Counsellor and Foreign Minister Aung San Suu Kyi yesterday morning. (Courtesy of straitstimes.com)

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