Burma has embarked on what will be a long and challenging road of democratic and economic reform. Political reforms that started in 2011 have set in motion critical transitions in Burma: moving toward an inclusive, parliamentary democracy; negotiating ceasefires after decades-long civil wars; and shifting to a market-oriented economy. Although the process is not complete and there will be challenges, the United States remains committed to improving the welfare and well-being of the people of Burma.
Yangon – Today at a signing ceremony attended by U.S. Ambassador Derek J. Mitchell and U.S. Agency for International Development (USAID) Mission Director Chris Milligan, Gap Inc. (NYSE: GPS) announced that the company is partnering with USAID to invest in the social and economic growth. By producing its products from two factories in Yangon, Gap Inc. becomes the first American retailer to enter the Myanmar market. The company’s partnership with USAID will help lay the foundation for Gap Inc. to provide growth and economic opportunities for women in the country.
Administrator Rajiv Shah yesterday helped deliver the first liter of clean drinking water under the Global Development Alliance (GDA) between the US Agency for International Development (USAID) and Procter & Gamble (P&G) to improve health in this country. This milestone first liter, which marks the launch of the partnership, was delivered at a community in North Okkalapa Township, Rangoon.
Last updated: July 08, 2016