US WARNS OF RISKS OF DOING BUSINESS IN MYANMAR
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27.01.2022


VOA News (26 January 2022)

 

The United States issued an advisory Wednesday warning of the increased risk of conducting business in Myanmar nearly a year after a military coup in the Southeast Asian country, which is also known as Burma.

The advisory from the U.S. State Department warned it was especially risky for "individuals, businesses and financial institutions and other persons" to be associated with business activity in Myanmar "that could benefit the Burmese military regime."

The advisory cited the possibility of exposure to illegal financial and reputational risks by doing business there, and using supply chains controlled by the military.

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