Friday, June 15, 2012

Coke to return to Burma after 60 years

Friday, 15 June 2012 08:35 Mizzima News

The Coca-Cola Co. will return to Burma, following the U.S. government’s recent lifting of sanctions against the country.

Burma was one of three countries – including Cuba and North Korea – where the company did not do business.

Coca-Cola first entered the Burmese market in 1927.

Coca-Cola said its products would at first be imported from neighboring countries as it goes about building local operations.

As part of its re-entry to Burma, Coca-Cola said it will donate US$ 3 million to support job creation for women in the country through PACT, a non-governmental group that supports economic and health initiatives in developing nations.

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