GE does not do business in certain countries because of the legal, reputational and business risks involved. GE evaluates such countries on an ongoing basis, consistent with applicable law.
GE does not do business in any country designated by the U.S. Department of State as a “state sponsor of terrorism,” unless authorized under U.S. law. The countries currently designated as state sponsors of terrorism are Iran, Sudan and Syria. This policy also applies to Cuba and North Korea. GE is now beginning to reengage with Cuba, as permitted by U.S. law. In line with the recent easing of sanctions, we have begun looking at ways to do business in Iran, while fully complying with the rules laid out by the U.S. government. GE, consistent with recent changes in U.S. law, does business with Myanmar and follows U.S. and applicable laws in its dealings there.
Learn more about Myanmar here.