After five decades of military rule which cut it off from much of the rest of the world, Myanmar, previously known as Burma, appears to be looking forward to a period of relative peace and prosperity. Following a series of far-reaching political reforms, which started opening up the resource-rich country in 2011, Myanmar – once known for its appalling human rights record, tyranny under military rule and media censorship – has seen US and EU sanctions eased, while interest from the international business community is mounting.
March 14, 2013 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Elizabeth Broomhall looks at the potential for Asia’s biggest untapped market and what is holding firms back
After five decades of military rule which cut it off from much of the rest of the world, Myanmar, previously known as Burma, appears to be looking forward to a period of relative peace and prosperity.
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