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SPECIAL COVERAGE: Myanmar's extractive industries

by Luke Balleny | http://www.twitter.com/LBalleny | Thomson Reuters Foundation
Tuesday, 4 September 2012 12:14 GMT

How a resource-rich country is tackling corruption

LONDON (TrustLaw) – As Myanmar emerges from nearly half a century of military misrule, it is starting to open up its vast reserves of gas, water, lumber and mining to foreign companies.  But breaking from the cronyism , fraud and corruption where tycoons with close ties to the generals make huge fortunes from extractive industries presents a major challenge.  Truslaw and Reuters News report on how Myanmar is introducing transparency to how it exploits its natural wealth.

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