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Coca-Cola Yarudi Burma Baada ya Miaka 60

15 Jun

 A man walks by a Coca-Cola plant in Taiyuan, northeast China's Shanxi province 30 April 2012

Coca-Cola will resume business in Burma after a 60-year absence, following a US  decision to suspend investment sanctions against the country.

 Officials suspended the sanctions last month as the country has moved towards democratic reforms. Coca-Cola says it will start doing business in Burma as soon as the US government issues a licence allowing them to do so.

The country was one of only three that Coca-Cola does not do business with. 

The world’s largest soft-drink maker left Cuba after the  Cuban Revolution, when Fidel Castro’s government began seizing private  assets.
They have never operated in North Korea.

In a statement, the company said they would start with  importing products from neighbouring countries as it establishes local  operations in Burma.

From 1962 to 2011, the country was ruled by a military junta  that suppressed almost all dissent and wielded absolute power in the  face of international condemnation and sanctions.

US and European leaders have recently made their first visits to the country in decades and offered reduced sanctions as Burma takes  further steps towards democratic reform.

The announcement comes amid reports of tens of thousands of  people displaced by violent clashes between Buddhists and Muslims in  Burma’s north-western Rakhine state on Friday.

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