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A press release in USA Today ,on the 11th July, has stated that the U.S. government is all set to allow American Companies and business houses to invest in the Oil and Gas State Enterprise of Burma. This marks a rare break from the famous democracy leader Aung San Suu Kyi along with the easing of economic penalties by Washington.
The Nobel Laureate who has long been a strong guiding force for the U.S. policy makers ,on issues related to Burma, had projected her views against the investments of foreign companies in the Myanmar Oil and Gas Enterprise.
Her concerns over new business agreements between the two nations were based on the lack of transparency and accountability of the State Enterprise. Her comments had also reflected the growing passions among the business groups and human rights activists over the rollback of the restrictions set by the American Government .
Suu Kyi has supported the suspension of sanctions as a reward for the removal of the authoritarian rule that lasted over the five decades. The business advocates along with Suu Kyi are however wary about the forthcoming investments in gas and oil enterprise, which has proved to be the economic lifeline for the common masses in Burma.
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