US-ASEAN Business Council Mission Meets Key Myanmar Leaders

The mission was organised by the US-Asean Business Council and led by a delegation of senior US business executives. They met with key leaders including President Thein Sein, Speaker of the Lower House of Parliament Thura U Shwe Mann, and Chair of the National League for Democracy and Member of Parliament Aung San Suu Kyi. The delegation was led by Mariano Vela, President of Unocal Myanmar Offshore and chair of the council’s Myanmar Committee, and Alexander Feldman, President of the USAsean Business Council.

“One year ago, the US-Asean Business Council led the first US business mission to Myanmar, two days after the suspension of sanctions. At that time, no US company had made a new investment or set up a new office,” said Alexander Feldman of the US-Asean Business Council. “As we conclude our second mission, many of our members, including Coca- Cola, GE, GM, Ford, Deloitte, ACE, KPMG, Cisco and others have made investments or opened distributorships and representative offices.

“In our discussion with the Myanmar government, leaders outlined a series of priorities to address, including availability of electricity, physical infrastructure, development of the agricultural sector, access to telecommunications including the internet, and skills development and education,” added Feldman. more…