India, Japan and the US held their first ever strategic trilateral talks about Asia this week, as we noted earlier on Via Meadia. Something else is trilateral as well: Myanmar policy.As the Burmese generals have edged away from China’s suffocating embrace, the US sent Secretary Clinton with words of encouragement, and Japan reopened the foreign aid spigot. Now India makes it a threesome.Here’s the story over at Asia News:
As a token for stronger economic and trading relations between India and Myanmar, New Delhi will finance the construction of a big port in the Burmese city of Sittwe, capital of the State of Rakhine, in the west of the country. The new facility will be built by 2013, on the Andaman Sea, at a cost of US$ 136 million. Essar Projects (India) Ltd, India’s leading engineering, procurement and construction company, will be in charge of the project and work with local companies. This will provide Burma with a new port and two jetties close to its western border with Bangladesh.
Meanwhile the Burmese are cutting India in on a natural gas field where China once held the only foreign rights. India responded by opening a half billion dollar line of credit for its new friends.