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Japan's ANA to buy stake in Burmese airline

28 August 2013 Last updated at 04:05 BST

Japan's All Nippon Airways (ANA) is venturing into Myanmar, which is also known as Burma.

In a deal valued at $25m (£16m), ANA is taking a 49% stake in local carrier Asian Wings Airways.

It is the first investment in a Myanmar-based commercial carrier by a foreign airline.

The BBC's Tokyo correspondent Rupert Wingfield Hayes reports on how the move is a key part of the ANA's expansion strategy.