U.S. warns of heightened risks associated with business in Myanmar
WASHINGTON, Jan 26 (Reuters) - The United States on Wednesday issued a business advisory for Myanmar, warning of heightened risks associated with doing business in the country especially when the military is involved, nearly a year after a the army took power in a coup.
The advisory warned that businesses should be wary of illicit finance risks as well as reputational and legal risks of doing business and utlizing supply chains under Myanmar military control.
"The coup and subsequent abuses committed by the military have fundamentally changed the direction of the economic and business environment in Burma," the advisory said.
Read more here: https://www.reuters.com/world/asia-pacific/us-warns-heightened-risks-associated-with-business-myanmar-2022-01-26/?rpc=401&