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Coca-Cola plans expansion into Myanmar
June 14, 2012 / 9:22 PM / in 5 years

Coca-Cola plans expansion into Myanmar

(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.

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

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

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