SINGAPORE: Tackling national reconciliation and peace issues is “unavoidable” and a must for Myanmar, said State Counsellor Aung San Suu Kyi on Wednesday (Nov 30).
Speaking at a dialogue with Singapore officials and business leaders as part of her three-day visit to the city-state, Ms Suu Kyi noted that firms do not like to invest in countries which are unstable, and as such a measure of stability is needed to draw businesses.
“We do not want our country to be unstable, but we have had a long history of disunity within our nation. So national reconciliation and peace is unavoidably important for us. It’s not a matter of choice. It’s unavoidable. We have to achieve peace and national reconciliation so that our country may be able to progress,” Ms Suu Kyi said.
She said the challenge, however, is huge, and economics has a role to play in reaching that goal. Ms Suu Kyi said prosperity can help people to understand that in unity, the country can progress together.
“If we wish to be a strong and prosperous nation, we have to learn to give, to compromise. To engage in dialogue. And this is, I think, where business can teach us, even on the political front. Doing business means compromise. Doing business means engaging. Doing business means listening to one another,” she said.
Ms Suu Kyi assured businesses that Myanmar’s Investment Law is intended to be business-friendly, and will provide the security that companies wish to see. She added that Myanmar is open to feedback from investors on the country’s rules and regulations.