Saturday, July 14, 2012

US to encourage investment in Myanmar

US Secretary of State Hillary Clinton has declared Myanmar open to US investment. This follows the recent easing of US economic sanctions against Myanmar.Clinton announced during her speech in Cambodia on Friday  said the United States is setting up protections to ensure that increased American investment advances rather than undermines the reform process in Myanmar.

The US administration on Wednesday loosened its sanctions against Myanmar as a reward for pro-democracy reforms.It gave permission for US companies to invest in Myanmar on condition that they do not do business with firms owned by the military.Clinton met Myanmar's President Thein Sein and asked him to improve the country's business environment for US investment.The meeting was also attended by a US business delegation that accompanied the Secretary of State
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Competitiveness, climate, security Finn’s priorities Ministry of Finance release Finnish road map of EU presidency. Finland is set ...

  • MIC leader Datuk Seri S. Samy Vellu heckled abused
    PETALING JAYA: MIC leader Datuk Seri S. Samy Vellu and Selangor Menteri Besar Datuk Seri Dr Mohamad Khir Toyo were involved in an angry exch...
  • 7th ICOMM-International Mobile Show
    CMAI forthcoming 7th ICOMM-International Mobile Show being held on 14-15 September, 2012 at NSIC Expo Grounds, Okhla , New Delhi. As you kn...
  • (no title)
    ALASKA TV REPORTER RESIGNS ON AIR TO FIGHT FOR MARIJUANA LEGALIZATION 23 09 2014 Alaska Dispatch News reader Greene  said “Now ev...