Myanmar President Thein Sein last visited the United Nations three years ago as the face of an authoritarian military regime. Today, the former general-turned reformer will present Myanmar in a new light.
Southeast Asian foreign ministers said they were concerned about a rise in territorial tensions in the South China Sea, calling on all parties including China to show “self-restraint” after Chinese and Vietnamese ships collided near disputed islands.
Myanmar President Thein Sein saluted top dissident Aung San Suu Kyi in a speech to the United Nations that dwelled on the difficulties facing his nation as it is “ushering in a new era” of democratic rule.
TPG Capital and former LightSquared Inc. Chief Executive Officer Sanjiv Ahuja are teaming up on a telecommunications venture in Myanmar, the first foray by a big- name U.S. private-equity firm in the country since it emerged from military rule three years ago.
Secretary of State Hillary Clinton urged Asian countries, and Myanmar in particular, to embrace human rights and political openness as crucial components in attracting investment and driving economic growth.
Myanmar President Thein Sein will probably step aside when his term ends following elections in 2015, an aide said, adding uncertainty to the political outlook after he oversaw the nation’s most inclusive vote in more than two decades.