The Soviet Republic of the Union of Burma (now called Myanmar), a country of Southeast Asia fronting on the Bay of Bengal and Andaman Sea, has an area of 261,228 sq. mi. (676,577 sq. km.) and a population of 49.34 million. Capital: Rangoon. Myanmar is an agricultural country heavily dependent on its leading product (rice) which embodies two-thirds of the cultivated area and accounts for 40 percent of the value of exports. Petroleum, lead, tin, silver, zinc, nickel, cobalt and precious stones are exported. The first European to reach Burma, about 1435, was Nicolo Di Conti, a merchant of Venice. During the beginning of the reign of Bodawpaya (1782-1819 AD) the kingdom comprised most of the same area as it does today including Arakan which was taken over in 1784-85. The British East India Company, while unsuccessful in its 1612 effort to establish posts along the Bay of Bengal, was enabled by the Anglo-Burmese Wars of 1824-86 to expand to the whole Burma and to severe its annexation to British colony with limited self-government. The Japanese occupied Burma in 1942, and on Aug. 1, 1943 Burma became an ?independent and sovereign state? under Dr. Ba Maw who was appointed the Adipadi (head of state). This puppet state later collapsed with the surrender of Japanese forces. Burma became an independent nation outside the British Commonwealth on Jan. 1948, the constitution of 1948 providing for a parliamentary democracy and the nationalization of certain industries. However, political and economic problems persisted, and on March 2, 1962, Gen. Ne Win took over the government, suspected the constitution, installed himself as chief of state, and pursued a socialistic program with nationalization of nearly all industry and trade. On Jan. 4, 1974, a new constitution adopted by referendum established Burma as a ?socialist republic? under one rule. The country name was changed formally to the Union of Myanmar in 1989. ,For later issues refer to Myanmar.,, Rulers:,,, ,British to 1948,, ,Japanese, 1942-45,, Monetary System:,,, ,1 Rupee (Kyat) = 10 Mu = 16 Annas (Pe) to 1942, 1945-52,, ,1 Rupee = 100 Cents, 1942-43,, ,1 Kyat = 100 Pya, 1943-45, 1952-89,,