WASHINGTON: The US government warned companies on Wednesday to be extremely wary of doing business in Myanmar, citing the risks of being linked to a military government involved in lawlessness and human rights abuse.
"These entities and sectors have been identified as primary industries providing economic resources for Burma's military regime," the statement said, using the former popular name for the country. It also noted that Myanmar has not adequately implemented standard measures to prevent terrorism financing and money laundering, exposing investors and traders to risks in those areas.
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