Wed, Jul 04, 2012 - Page 7 News List

Consensus cracking on US policy on Myanmar as businesses get impatient

CONFLICT:A US senator’s criticism of Aung San Suu Kyi last week has rights groups worried that the US administration is prioritizing commercial interests

AP, Washington

STRATEGY SHIFT

Judging from US officials’ public statements, there has been a marked shift in recent months, despite the administration’s continued statements of concern over ethnic violence, political prisoners and Myanmar’s military ties with North Korea.

In early April, when the US announced a “targeted” easing of the investment ban, officials initially spoke of promoting investment in sectors like agriculture, telecommunications and tourism, rather than resource-based industries. However, by the time Clinton gave the details six weeks later, she was inviting US businesses to invest across all sectors of the economy, including oil, gas and mining.

This story has been viewed 2774 times.
TOP top