Myanmar, once south-east Asia’s most troubled economy, has come a long way in the past three years. Since assuming power in March 2011, the nominally civilian government of president Thein Sein has not only pushed through impressive political reforms, but has also done much to liberalise the economy, opening it up to foreign investment.
The EU and the US essentially lifted economic sanctions on the once-pariah state in 2012, although the US State Department still prohibits US citizens and firms from doing business with Myanmar nationals on its blacklist – a lengthy and confusing compilation of military generals and their alleged cronies.
