Myitsone Dam: Myanmar and Suu Kyi

myitsone dam: Suu Kyi's remarks coincided with a new round of attacks launched by some Myanmar people on the China-invested Myitsone Dam, according to Global Times China. Her remarks at this time are meant to send a political message. If the government breaks a promise made by its predecessor, the country will lose its credibility and no businessperson would want to invest in this country, she said. China signed agreements with the then Myanmar government on a slew of projects when Myanmar was under Western sanctions, including the Myitsone Dam, which was suspended in 2011. Western sanctions had wrecked the Myanmar economy and people's livelihood was affected. Recently, some local people have openly called to scrap the project. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.