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Presidential Visit Puts Myanmar Investment Theme in Spotlight

Six months after President Barack Obama visited Myanmar, that country's president, Thein Sein, will visit the White House.Sein's visit to Washington, D.C. marks the first such visit by a leader from the Southeast Asian nation in nearly five decades and it is one that again puts the spotlight on Myanmar's burgeoning but controversial investment thesis.As is often the case with many countries sporting the emerging or frontier labels, Myanmar possesses ample economic potential. For investors, there is also plenty of risk. After serving as a stage for allied and opposing forces' operations during World War II, Myanmar's infrastructure was ravaged. Military rule dominated the country during the 1990s despite supposedly free elections.Today, the country lacks a sophisticated legal structure, an advanced banking system and robust foreign exchange operations. Those factors make for a series of red flags for even the most adventurous investors. An unfortunate reality is that Myanmar, a country ...

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