WITH SANCTIONS EASED, MYANMAR’S FAST-FOOD MARKET LOOKS RIPE FOR GROWTH
May 1st, 2016
Yesterday’s (May 17) easing of US sanctions against Myanmar to improve bilateral trade and allow more financial transactions to take place could result in more US fast-food companies establishing a presence in the former pariah state.
The US treasury, for instance removed seven state-owned enterprises and three state-owned banks (the Myanma Economic Bank, Myanmar Foreign Trade Bank, and Myanma Investment and Commercial Bank), from a blacklist. (NOTE – SPELLINGS ARE CORRECT) And the US government has eased restrictions on trade shipments to Myanmar ...
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