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Myanmar update from on the ground: implications for investors

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Makinson Simon
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Chris Burkett

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18 February 2021

On the morning of 1 February 2021, in response to allegations of voter fraud, Vice-President Myint Swe (who has since assumed the role of acting President) declared a State of Emergency for one year and conferred full legislative, administrative and judicial power to Senior General Min Aung Hlaing, the Commander-in-Chief of Myanmar’s armed forces.

This article forms part of an ongoing series of updates on key developments in Myanmar and their implications for investors into the country. This update focuses on:

  • Sanctions, including possible additional sanctions on military personnel
  • Dispute resolution options using Investment Treaties
  • Wider investor considerations: power sector case study