Myanmar really needs to hurry to finalize Foreign Investment Law. Myanmar's new foreign investment bill was with parliament on Thursday, after amendments to address concerns of foreign firms eager to enter the country, and it could be quickly approved and sent to the president to be signed into law, lawmakers said.
"The bill of the new Foreign Investment Law will be brought to the Union Parliament on November 1, where I think it will be passed after some discussion," Thein Nyunt, lower house law maker and leader of New National Democratic Party (NNDP), told Reuters.
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