The World - News from Nov. 1, 1988

Burma announced it will end 26 years of economic isolationism and a rigidly controlled domestic economy and open its doors to foreign investment. But there was no indication that Gen. Saw Maung’s government, which seized power Sept. 18, would become politically liberal. Burma will practice a market-oriented trade policy in line with the world economic trend, Trade Ministry officials said. Items such as teak, petroleum and gems will remain under government monopoly, but private enterprise can become involved in other sectors.