American businesses have remained “relatively modest players” in the Myanmar economy, and mostly focused on serving the domestic market, said the analysts. That means their withdrawal from the country will mostly harm private citizens — not the military, they added.
Still, the unfolding crisis could be an opportunity for the U.S. to lead international condemnation of the coup and rally support for any resistance movement that arises within Myanmar.
“Regional partners like Japan have emphasized democratic values as part of their strategy to respond to a more assertive China. The Biden administration will need to reiterate that this is no time to retreat from that focus,” CSIS analysts said.
“Those states with greater economic leverage in the country should be prodded to signal that widespread violence against citizens is unacceptable and would lead Myanmar back to international isolation, undoing the economic progress of the last decade,” they added.
Source Article from https://www.cnbc.com/2021/02/02/myanmar-coup-tests-bidens-pledge-to-work-with-allies-in-asia.html
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