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Carlsberg's joint venture with Myanmar Golden Star Breweries to distribute and eventually produce beer here, announced earlier this month, is remarkable because it marks the entry of a foreign player into a sector dominated by military-owned companies. The deal also shows how far Myanmar has come since 1996, when Carlsberg abandoned plans to work with Golden Star because of pressure from human rights activists, according to Vriens & Partners, a consulting company with offices in Yangon. Ford's Myanmar distributor, Capital Automotive, is a unit of the Capital Diamond Star Group, whose managing director, Ko Ko Gyi, has managed to build a successful conglomerate with interests ranging from trading and distribution to construction and real estate, without running afoul of U.S. sanctions. This is his second big win with a U.S. company. Diamond Star Co., another group company, became the sole importer and distributor for PepsiCo's Pepsi-Cola, 7-Up and Mirinda brands in Myanmar in August.
[Associated
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