988 and subsequently refused to
honor the results of the 1990 legislative elections. In response to
the government of Burma's attack in May 2003 on AUNG SAN SUU KYI and
her convoy, the US imposed new economic sanctions against Burma -
including a ban on imports of Burmese products and a ban on
provision of financial services by US persons. A poor investment
climate further slowed the inflow of foreign exchange. The most
productive sectors will continue to be in extractive industries,
especially oil and gas, mining, and timber. Other areas, such as
manufacturing and services, are struggling with inadequate
infrastructure, unpredictable import/export policies, deteriorating
health and education systems, and corruption. A major banking crisis
in 2003 shuttered the country's 20 private banks and disrupted the
economy. As of 2006, the largest private banks operate under tight
restrictions limiting the private sector's access to formal credit.
Official statistics are inaccurate. Published statistics on foreign
trade are greatly understated because of the size of the black
market and unofficial border trade - often estimated to be as large
as the official economy. Burma's trade with Thailand, China, and
India is rising. Though the Burmese government has good economic
relations with its neighbors, better investment and business
climates and an improved political situation are needed to promote
foreign investment, exports, and tourism.

Burundi
Burundi is a landlocked, resource-poor country with an
underdeveloped manufacturing sector. The economy is predominantly
agricultural with more than 90% of the population dependent on
subsistence agriculture. Economic growth depends on coffee and tea
exports, which account for 90% of foreign exchange earnings. The
ability to pay for imports, therefore, rests primarily on weather
conditions and international coffee and tea prices. The Tutsi
minority, 14% of the population, dominates the government and the
coffee trade at the expense of the Hutu majority, 85% of the
population. An ethnic-based war that lasted for over a decade
resulted in more than 200,000 deaths, forced more than 48,000
refugees into Tanzania, and displaced 140,000 others internally.
Only one in two children go to school, and approximately one in 10
adults has HIV/AIDS. Food, medicine, and electricity remain in short
supply. Political stability and