MYANMAR SEEKS FOREIGN INVESTMENT, BUT WILL NOT INSIST ON INTERNATIONAL ETHICAL STANDARDS

Experts at an international Organisation for Economic Co-operation and Development (OECD) meeting yesterday (June 26) warned that developed world clothing companies implementing international ethical standards when investing in Myanmar would probably compete with Asian companies who ignore such guidance.Participants at the Global Forum on Responsible Business Conduct (June 26-27) in Paris discussed how the OECD's 'guidelines for multinational enterprises,' which includes responsible business conduct could promote responsible investment in Burma.Aung Tun Thet, ...


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