(Reuters) - Singapore has the ability to wield its significant financial leverage over Myanmar's military rulers to pressure them to return to a path of democracy amid a deteriorating humanitarian and economic crisis, a senior U.S. official said on Thursday.
Speaking in a teleconference from Jakarta, Counselor of the U.S. State Department Derek Chollet said partnerships with countries in the region were critical to pressuring Myanmar as it risks becoming a "failed state in the heart of Asia".
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