- Myanmar FM Urges New York Investors To Join The Gold Rush In His Country
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Myanmar FM Urges New York Investors To Join The Gold Rush In His Country

Last update: 26/09/2013
By Manik Mehta

NEW YORK, Sept 26 (Bernama) -- Despite being a member state of the Association of Southeast Asian Nations (Asean), which as a collective group usually has a positive ring about it in the international arena, Myanmar was shunned in the past by much of the world, particularly the Western nations, which had imposed tough sanctions against the country's former repressive military dictatorship.

However, things have changed dramatically for Myanmar ever since it shed its repressive character and released political prisoners, including the country's democracy movement leader Aung San Suu Kyi, and promised to push the much-needed reforms to resuscitate the ailing economy.

Myanmar's foreign minister Wunna Maung Lwin, who is currently visiting New York to attend the United Nations General Assembly, on Wednesday night highlighted the "incredible opportunities" available to American investors in his country.

Opening a discussion forum on Myanmar's economic future at the Asia Society, the foreign minister called on American companies to "join the gold rush" in his country.

"The door for business opportunity had been closed for four decades...that door is now wide open. It's a gold rush," he exclaimed.....


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