U.S. warns of heightened risks associated with business in Myanmar

FILE PHOTO: Demonstrators protest against the military coup and demand the release of elected leader Aung San Suu Kyi, in Yangon, Myanmar, February 6, 2021. REUTERS/Stringer/File Photo

WASHINGTON (Reuters) - The United States on Wednesday issued a business advisory for Myanmar, warning of heightened risks associated with doing business in the country especially when the military is involved, nearly a year after a the army took power in a coup.

The advisory warned that businesses should be wary of illicit finance risks as well as reputational and legal risks of doing business and utlizing supply chains under Myanmar military control.