Myanmar open CountryBurma open country
Myanmar: Open to companies now
Removal of the western penalties against Myanmar after almost 50 years of immediate Israeli army domination has opened the floodgates to international investment in this resource-rich country. Earlier known as Burma, the South East Asia country raised about $1.6 billion in international funds in 2004-2010, with China being the largest single investment.
This inflow is likely to grow as more and more businesses seek to penetrate this border markets, which have abundant resources of bullion, crude petroleum and methane. In Myanmar, a recent by-election was celebrated as historical and the Nobel Prize winner and pro-democracy activist Aung San Suu Kyi won a parliamentary chair.
The mood has thus improved significantly compared to the country, which until recently only a few were able to attend.
Burma - Opening up to the West and movement towards democratisation
Myanmar, once known as Burma, was one of the most remote places in the underworld. Since March 2011, when Myanmar's first civil administration took over the country for many years, it has been progressing towards a democratic system, albeit one small move at a while. The Myanmar army has resigned after centuries of dictatorial domination.
The majority of general leaders have recognised that the country is lagging behind its neighbours in terms of its economy. You have chosen to open up to the westerner and end the long-standing trade-sanctioning. However, many Myanmar residents are sceptical. You think once the country is approved in the west, the flood will turn against it.
Myanmar has become one of the most backward Asian nations in the last 5 years. A lot of Burmese have escaped the country and live in exiles elsewhere. Throughout the country, symbols of the democratic process have been created. Myanmar's medias have been given more liberty, although they are still under the control of the state.
Goverment allows the formation of labor Unions. Throughout the country, environment and humanitarian organisations have been established. There is no longer any fear of the army. In fact, they believe in real reform and that their lives will do well. Myanmar's most eminent female opponent, Aung San Suu Kyi, has been removed from detention by Myanmar's army commanders after 15 years.
She' s a very beloved character in the country, mainly because her dad was one of the founder of the Burma armed forces and was murdered just before the country's 1948 Independence from Britain. In 1991 she was awarded the Nobel Peace Prize for her struggle against warlords.
Burma's face will be changed, the head of the Burmese parliament said. The National League for Democracy was not permitted to participate in the 2010 parliamentary polls, but will be involved in upcoming polls in Myanmar. Two of the many issues facing the new Burmese administration are striking.
Myanmar's chieftains have been looking for help in China for over 15 years, especially after they have been imposed business penalties. China's business people and businesses have made strong investments in Myanmar. People in China have also provided the Burmese army with arms. On the other hand, the people of China were given the opportunity to construct a vitally important pipe through Myanmar, which will transport crude petroleum and natural gas back to central China.
Burdened by Myanmar's relations with China, especially after a treaty was concluded for a hydropower plant near the Chinese-Burmese frontier. The majority of the energy will go to China, while Burma itself will benefit little, according to the report. At the same time, China has cautioned Myanmar not to open too much to the West.
A further issue for the administration is the dispute with its minority groups, which make up one third of the people. Policymakers argue that the only way to bring lasting calm and security to the South-East Asia country is to resolve the differences with its minority groups. Although there are indications of Myanmar's democratic realignment, many things must be done before the Western world is prepared to spend large sums of capital on the country.