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SEOUL, April 16 (Reuters) - POSCO Coated & Color Steel Co
Ltd (POSCO C&C) said on Friday it will end its joint
venture with Myanmar Economic Holdings Public Co Ltd (MEHL), a
firm controlled by the military in Myanmar which took control of
the country in February.
The South Korean firm did not detail how it will end the
venture, saying in a statement that it will continue to disclose
related issues. A POSCO C&C spokesman told Reuters that, though
the firm is ending the venture relationship, it is not pulling
out Myanmar.
"We hope that our steel business will continue to contribute