ASSESSMENTS

Myanmar's Strategic Upgrade

Jan 26, 2012 | 12:07 GMT

British Foreign Secretary William Hague (C) visits the Shwedagon pagoda in Yangon

Soe Than WIN/AFP/Getty Images

Summary

In an effort to open the country, Myanmar is focusing its attention on its advantageous location on the Indian Ocean and its large natural gas reserves. By establishing a number of major economic initiatives, the country aims to attract foreign investors, create redundancy by providing a trade route that bypasses the Strait of Malacca and reduce its dependence on China and Thailand.

Myanmar is using its location and resources to reduce its dependence on its neighbors and enhance foreign investment....

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