Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1694878982272.pdf (Australia)
What are the implications for Australians doing business in Myanmar?

Since the Myanmar military dictatorship has imprisoned the country's democratically elected president and Aung San Suu Kyi, uncertainty across all areas of the country has grown beyond unthinkable.

This includes trade, investment and the business sector.

The safety and security of a nation is directly or indirectly dependent on the country's economy.
The military coup will have negative impacts on both Myanmar and Australia's economic interests.

The current situation is Myanmar has impacted 100% on Australian companies doing business in Myanmar but also on companies of other countries, except Chinese companies.

All positive signs of business and investment opportunities in Myanmar are either halted or put on hold due to growing concerns over military killing of civilians and crackdown on protesters.
The following Australian and Myanmar business interests will be impacted: * Austrade office in Rangoon, opened in 2013 * Australian business foothold in energy and resources, infrastructure, finance and banking, telecommunications, Education marketing and etc., eg: ANZ, Woodside, Bluescope Steel and student enrolment growth 140% in 2020.

* Australian companies attending business information sessions hosted by the Myanmar Democratic Government and participating in reviewing of laws and regulations.
Very significant economic adviser, Mr. Sean Tunnel.

* Effects on Australian Stock Exchange, eg: halting of Australian listed mining company, Myanmar Metals.

* Australian export to Myanmar, A$246.2millions during 2016 - 17.

* Australian business benefits as Myanmar is party to the ASEAN - Australia New Zealand Free Trade Agreement * Myanmar Democratic government’s natural resource endowment offered significant long term opportunities for trade and business investment.
* Myanmar’s continued major reforms to improve the business climate and provide more favourable conditions for foreign business.
* Opening of special economic zones * Granting of new oil and gas exploration, telecommunications and banking licences * Myanmar entered international financial institution * Opening of Myanmar Stock Exchange * Myanmar opening of tourism to the world Now, Myanmar is no longer a stable business environment for Australian companies due to rules and restricitons under the military regime.
It is our duty to protect our business interests and our companies doing business in Myanmar, therefore Australia must support the Myanmar democratic government by joining other UN and other countries such as Quad Allies.

Inquiry into certain aspects of the Department of Foreign Affairs and Trade Annual Report 2019-20 - MyanmarSubmission 28