This is an exciting time for Myanmar. Once closed to the world, Myanmar is now firmly on the radar for many Western companies with some calling it “The Final Frontier.” As Myanmar undergoes democratic reform and economic liberalization what challenges and opportunities lay ahead? The U.S.-Myanmar Exchange & Gala Dinner is a unique chance to discover and learn about the culture, tourism, and business investments between the United States and Myanmar.
The year 2012 marked the beginning of a remarkable period of opportunity. President Barack Obama became the first American president to visit Myanmar, and in recognition of reforms undertaken by President U Thein Sein’s government. To bolster commerce between the two countries the Trade and Investment Framework Agreement was signed. The U.S. government now encourages responsible investment in Myanmar as part of an overall strategy to support development and improve the standard of living for the Myanmar people. Consequently, U.S. companies play a critical role in supporting broad-based, sustainable development in Myanmar; and therefore, are helping the country progress toward a more open, inclusive, and democratic society.
In 2013 President U Thein Sein met with President Obama at the White House during what was the first working visit to the United States by a Myanmar president in nearly 50 years; and, two years after his first visit President Obama was back in Myanmar for the Association of Southeast Asian Nations (ASEAN) summit. It is truly remarkable how U.S.-Myanmar relations have blossomed over the past three years. It is time to celebrate.