…[T]he new government will face conflicting priorities. It will have to complete a fragile peace process with ethnic groups, tackle corruption and the absence of rule of law, and address serious human rights issues, all while reforming the economic agenda, and ensuring the stability that investors want.
In this climate, foreign investors can play a key role to ensure Myanmar people and workers will benefit from economic growth…
“There are serious risks that Myanmar’s natural resources and labour force will only benefit domestic elites and foreign companies, while disadvantaged communities will continue to suffer the negative impacts of poorly regulated business activities,” said Jeff Vogt, ITUC legal director.
“Foreign investors have to undertake human rights due diligence to ensure that the rights of workers they and their suppliers hire are fully protected.”…
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