Pursuits
Clinton in Myanmar May Augur Opening After Apple, Pepsi Exit
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Secretary of State Hillary Clinton’s arrival today in Myanmar may give Western companies an opening to return to the former dictatorship 14 years after her husband banned new investment on human-rights concerns.
Clinton’s three-day visit, the highest-level U.S. trip in more than five decades, comes after Myanmar President Thein Sein released political prisoners and eased media censorship. Boycott threats prompted companies such as PepsiCo Inc., Levi-Strauss & Co. and Apple Inc. to pull out of Myanmar even before then-President Bill Clinton imposed sanctions in 1997.