Nishant Choudhary Recently Quoted in Myanmar Times
Nishant Choudhary, DFDL Myanmar Deputy Managing Director was recently quoted in a Myanmar Times article on reforms taking place in the retail and wholesale sector. The ministry is now considering limiting the scope of foreign investors and/or JVs by imposing additional restrictions. Our expert was responding to the question: If the ministry issues an amendment to limit foreign investments and/or JVs, how will this affect potential inward FDI?
Nishant observed that the government had deviated from the policy that it originally announced, with potentially negative implications on investor confidence and continued growth momentum in the country.
https://protect-au.mimecast.com/s/is6ECwVLYVIV84RsVs7Bq?domain=mmtimes.com