The race is on in the European Union to end sanctions against Myanmar in the coming weeks, a move to reward the country for its rapid shift towards democracy while allowing European companies to gain a foothold ahead of their U.S. counterparts. http://uk.reuters.com/article/2012/03/30/uk-eu-myanmar-sanctions-idUKBRE82T0LF20120330 A 60 million people country opening up... How is it played?
My brother-in-law is from Myanmar and is there now visiting his family. He mentioned to me a few months back that Rangoon real estate prices have skyrocketed. However, lifting sanctions by Europe or for that matter the U.S. means very little nowadays. China has much greater influence on the state of political and economic affairs. I will be interested in his assessment of the investing environment once he returns.
I read China never boycot Myanmar and has always continued to invest there. It would be nice if you posted his findings here. Cheers.