ADB President to Meet Thein Sein

Asian Development Bank (ADB) President Haruhiko Kuroda will visit Burma’s capital Naypyidaw on Thursday for a meeting with President Thein Sein, according to a statement on the ADB website. The visit is one of the bank’s first initiatives since resuming full operations in the country, and the first by the head of a multilateral development bank since the country’s arrears were cleared last month. The ADB, which opened an office in Burma last August, announced a US $512 million policy-based loan for the country in January. Kuroda will also travel to Rangoon on Friday to speak at a conference.

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