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Myanmar, Inc.Australia today announced that it is relaxing political sanctions against the country formerly known as Burma. The US and England will soon follow…
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The rapid pace of political change in Myanmar in the past year — capped by the recent election of Nobel laureate Aung San Suu Kyi to Parliament — has tourists and foreign investors rushing to the country. And it's starting to get a little crowded.
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Myanmar is opening up, after a nominally civilian government replaced a decades-old military regime last year and began political changes. The metamorphosis is occurring from the top down. But crucial questions remain unanswered, and it's unclear whether the moves are permanent.
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Aung San Suu Kyi is campaigning for a seat in parliament to represent a rural district four hours from the country's biggest city, Yangon. It's a scene that seemed impossible only a few months ago, before the country's military-backed government began a process of reform aimed at ending international sanctions.