Myanmar's by-elections on April 1, 2012, for 48 seats left vacant by MPs that have been elevated to ministerial and other executive positions, will be a world focus.
This is a big step in their “Seven-Step Roadmap to Democracy” presented to the State Peace and Development Council (SPDC) in 2003. In addition, Ms. Aung San Suu Kyi, the General Secretary of the National League for Democracy (NLD), who previously boycotted the Myanmar's general elections in 2010, has registeredto run in these by-elections for a parliamentary seat, thus attracting mass media attention worldwide.
Despite easing the political situation and their efforts of democratic reforms, a long and complex history, with problems on more than10 ethnic groups, plus a number of other minorities may lead to a possibility of frequent political changes there.
Although the Election Commission announced on March 24, 2012, that voting in three constituencies within Kachin state would be postponed, Mr. Thein Sein's government has freed a number of political prisoners as a step toward liberalization and concrete political reforms. This will help attract foreign investors to their country. Moreover, Myanmar has a wealth of natural resources that will be crucial to their national development.
KResearch views that the political reform in Myanmar will progress in line with their efforts toward economic liberalization, which is regarded as further significant steps toward democratic reforms, and the opening of their country to international communities. Aside from elections, a managed floating currency rate is due to begin. Myanmar's developments should thus be watched.
KResearch views that Thailand-Myanmar trade in 2012 will maintain growth similar to recent years. Economic liberalization there should enhance opportunities for Thailand in trade, investment and economic collaboration with Myanmar in the future.
Annotation
This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow.