The relaxation of Canada's “special economic
measures” that have been applied to Myanmar has been widely
publicized. The changes have been complemented with high profile
visits to the region by the Prime Minister, the Minister of Foreign
Affairs and the Minister of International Trade. With the
announcement of a new Canadian embassy to open in Yangon this year,
this recently closed-off country is now attracting a great deal of
attention. Given Myanmar’s rich diversity of natural
resources, strategic geography and attractive demographics, there
are many business opportunities across a range of industries and
sectors, including in mining, energy, infrastructure and
engineering.
Since being sworn in on March 30, 2011, President Thein Sein has
made significant improvements to the openness and stability of
Myanmar, although ethnic strife is a serious problem and
significant human rights violations have been alleged.