Coca-Cola plans expansion into Myanmar

Thu Jun 14, 2012 5:20pm EDT

Bottles of Coca Cola are seen in a store display in New York February 9, 2010. REUTERS/Lucas Jackson

Bottles of Coca Cola are seen in a store display in New York February 9, 2010.

Credit: Reuters/Lucas Jackson

Related Topics

(Reuters) - Coca-Cola Co (KO.N) said on Thursday that it plans to operate in Myanmar as soon as the U.S. government allows companies to invest there, a move expected imminently.

The world's largest soft drink maker has not done business in the Southeast Asian nation of 54.6 million since 1960. Myanmar is one of three countries where Coca-Cola does not operate. The other two are North Korea and Cuba.

Coke also said it will donate $3 million to a non-governmental organization for the promotion of women's empowerment in the country.

(Reporting By Melvin Backman; Editing by Bernard Orr)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (2)
Harry079 wrote:
Maybe they might want to bring some food, water, tents and medical supplies along with those cans of coke.

Jun 14, 2012 7:02pm EDT  --  Report as abuse
mulholland wrote:
Any nation lacking analytical laboratories is easy pickings for cocaine laced Cola.

Jun 14, 2012 8:18pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.