British American Tobacco withdraws from army-ruled Myanmar


Reuters | Updated: 12-10-2021 22:27 IST | Created: 12-10-2021 22:27 IST
British American Tobacco withdraws from army-ruled Myanmar

British American Tobacco will cease all operations in military-ruled Myanmar and withdraw from the country by the end of this year, the company said on Tuesday.

Responding to a query from Reuters about its Myanmar business, the company in an email said the decision was taken having evaluated the long-term operational and commercial viability of its Myanmar business.

Myanmar has been in turmoil since the military seized power in a Feb. 1 coup, with more than 1,000 civilians killed in crackdowns by security forces on strikes and protests, according to activists and the United Nations.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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