By Evan Abrams
Myanmar is
working with the International Finance Corporation to unveil a new law
governing foreign and domestic investment in the country. This is the latest in
a series of reforms aimed at improving democratic governance and enhancing
economic freedom. According to Shanghai
Daily, the Directorate of Investment and Company Administration is inviting
comments and feedback on the draft law over the course of the next month. The
government is hopeful the new law will encourage foreign investment, which had
been severely limited over the past decades due to restrictive economic
policies and western sanctions.
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