BSR Insight | As U.S. Eases Sanctions in Myanmar, Responsible Investment is Key
"Responsible investment will help facilitate broad-based economic development and help bring Burma out of isolation and into the international community. My administration will continue to support the government of Burma in its efforts to work toward international standards for economic growth, responsible governance, and human rights."
--President Barack Obama, in a written statement on July 11, 2012
Following April's "targeted easing" of nearly 20 years of sanctions on Myanmar, the United States has authorized American companies to invest in the country, while maintaining the ability to place sanctions on individuals or groups that have committed human rights abuses or undermined the peace process.
In June, BSR's Chris Nolan and Jeremy Prepscius examined how companies can enter risky markets responsibly, focusing on the case of Myanmar, and offered four steps to companies that are considering investing.
About the Author(s)
Julia Robinson, Communications Associate
Julia provides editorial, media, marketing, and digital support to BSR staff and projects... Read more →
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