U.S. poised to open door for energy investment in Myanmar
WASHINGTON (AP) — The United States is poised to allow U.S. companies to invest with Myanmar's state oil and gas enterprise as the Obama administration takes its biggest step yet to roll back sanctions, marking a rare break from pro-democracy leader Aung San Suu Kyi.
Suu Kyi, the Nobel Peace Prize laureate who has long been the guiding force on U.S. policies toward Myanmar, last month advised against investment by foreign companies with the state Myanma Oil and Gas Enterprise, or MOGE, because of concerns over its accountability and transparency.
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