Thursday 13 June 2013

Myanmar readmitted to EU trade scheme

The European Union on Wednesday readmitted Myanmar to its trade preference scheme, saying it wanted to support reform in the once pariah state through economic development.

Myanmar's membership of the scheme was withdrawn in 1997 due to concerns over the use of forced labour under the then-military junta.
But the EU said the International Labour Organisation had last year reported "necessary improvements" to labour practices in Myanmar, which was formerly known as Burma.


The Irish presidency of the EU and the president of the European parliament signed legislation on Wednesday confirming Myanmar's readmission.

Source: http://www.articles.myanmaronlinecentre.com/myanmar-readmitted-to-eu-trade-scheme-3/

No comments:

Post a Comment