US warns firms to be ‘extremely wary’ over doing business in Myanmar

The US government warned companies on Wednesday to be extremely wary of doing business in Myanmar, citing the risks of being linked to a military government involved in lawlessness and human rights abuse.Those involved with businesses controlled by the military regime “run the risk of engaging in conduct that may expose them to significant reputational, financial, and legal risks,” including breaking sanctions and money-laundering laws, according to a statement from six cabinet-level…