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New investments and unresolved conflicts

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Many countries have reacted to the recent changes in Burma by lifting
longstanding sanctions, ushering in a new era of investment in the
country. In the US, for example, the Obama Administration is in the
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tools to press Burma’s government for further reforms. The
administration has lifted the investment ban, is in the process of
ending the import ban, and has announced the end of a restriction on
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(USDP) will be able to line their pockets with the incoming foreign
investment.

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which have long suffered abuse and discrimination under Burma’s
military. Many hotspots of foreign investment likely will be in the
oil, gas, and mining industries, and some ethnic minority areas are
rich in such natural resources. While foreign investment can indeed
lead to better jobs for those living near investment projects, Burma’s
ethnic minority communities have told a different story. A recent
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rights violations in Karen state found a correlation between foreign
investment projects and human rights abuse.
“For too many communities, foreign investment means abuse.”

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For too many communities, foreign investment means abuse. Given the
blanket impunity with which the Burmese military has abused members of
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ethnic minority groups, representatives of ethnic communities are
understandably wary of any new investment without proper safeguards to
ensure that economic development projects will not negatively affect
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Other countries also have work to do. The US should ensure that its
regulations on companies investing in Burma are strict and enforceable.
Any US company found to be complicit in human rights violations should
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Tags: [35]Barack Obama, [36]ceasefires, [37]conflicts, [38]ethnic
minorities, [39]investment, [40]sanctions, [41]united states
Author: [42]ANDREA GITTLEMAN              Category: [43]Analysis
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exiles who have poured millions of dollars into undermining the
government. The problem is that they have lost their investment.
They are left out of the new Myanmar and the power & wealth that
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* [57]What Obama didn’t say
* [58]Investment, discretion and Burma’s future economic development