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Myanmar's foreign investment weathers 'ethnic cleansing' accusations

Business leaders say outcry over military violence will not deter investors

Myanmar's Deputy Finance Minister U Maung Maung Win tells more than 1,000 participants at the Euromoney Myanmar Global Investment Forum that the government has taken steps to “improve the credibility” of its economic reform platform in Naypyitaw on Sept. 12. (Photo by Jessica Khine).

NAYPYITAW -- In a bright, well-carpeted conference hall in Naypyitaw -- Myanmar's sprawling capital built by the former military government -- more than 1,000 investors and business executives gathered earlier this week for the annual Euromoney Myanmar Global Investment Forum.

The opening remarks on Sept. 12 by speakers including government officials and foreign and local executives were typically optimistic and laudatory, acknowledging the "mouthwatering" opportunities available to investors in the country. Many at the conference, both speakers and delegates, were positive on the outlook for the economy and investment.

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