By Purnendra Jain and Tridivesh Singh Maini
There is scope for these two increasingly friendly countries to work together in Myanmar.
With economic reform processes in place and an elected government since 2010, Myanmar is now considered Asia’s new frontier, or even its final frontier, as prospects for investment and international trade increase. Countries that had imposed sanctions in the past are now willing to invest and do business with Myanmar, which boasts abundant resources and an economy with enormous potential for growth.
Many countries have already made inroads into Myanmar, with China leading the way. China’s influence is all pervasive, whether it be in trade, aid or infrastructure development. Yet China is now increasingly viewed as a hegemon and resentment towards Beijing appears to be mounting, with large sections of the Burmese population believing that China seeks to exploit Myanmar’s natural resources. Recent clashes in Kokang along the China-Myanmar border have complicated the bilateral relationship still further.
Myanmar is now open for business, encouraging countries around the world to consider it as a strong destination for investment. Singapore, Japan and India, among others, are in the process of establishing an economic footprint in the Southeast Asian country. Two nations of particular importance to Myanmar are Japan and India, both Asian giants.
Read the full story at The Diplomat