Earlier this month, Leon Panetta became the first U.S. defense secretary to visit Vietnam’s Cam Rahn Bay deepwater port since the end of the Vietnam War. He attended a ceremony at the USNS Richard E. Byrd, a cargo ship operated by a mainly civilian crew under the Navy’s Military Sealift Command, which was undergoing repairs by Vietnamese workers. Speaking on the deck of the ship, Panetta called for more high-level exchanges between the U.S. and Vietnam, as well as enhanced defense cooperation. If Panetta chose to stop in Vietnam for a few days during his nine-day tour of Asia, it […]
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Fighting between Muslim and Buddhist mobs broke out in Myanmar’s coastal state of Rakhine over the weekend, with the violence between minority Rohingya Muslims and majority Rakhine Buddhists set off by the rape and murder of an ethnic Rakhine woman and the revenge attacks that followed. The unrest, which included arson, rioting and the killing of about 25 people, reveals some of the deep-rooted ethnic and religious tensions in the country, which has only recently begun to open up after decades of isolation and military rule. Jason Abbott, Aung San Suu Kyi Endowed Chair at the University of Louisville’s Center […]
Following the United States’ restoration of diplomatic relations with Myanmar and the European Union’s relaxation of economic sanctions targeting Naypyidaw earlier this year, international investors have lined up to discuss opportunities for future investment in the resource-rich country, which boasts the world’s 10th-largest natural gas reserves. However, substantial hurdles must be overcome if Myanmar is to join the ranks of Indonesia, Singapore, Malaysia, Thailand and South Korea as the next Asian tiger economy. In an address at the World Economic Forum in Bangkok earlier this month, Myanmarese opposition leader Aung San Suu Kyi raised a red flag for potential investors […]