Foreign investment in Burma surged to over $64 million during the first quarter of the financial year 2000/1, more than double the level during the same period in the previous year. The increase is attributed largely to the oil and gas sector; South Korea, Canada and Malaysia are the main investors. Meanwhile UN special human-rights rapporteur on Burma, Rajsoomer Lallah, has resigned after four years in post, saying he is disappointed at the lack of progress. His predecessor had also resigned citing similar reasons.
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