Posted inAT Finance, Bangladesh, Cambodia, China, European Union, France, Japan, Myanmar, Northeast Asia, South Asia, Thailand, World

EU sanctions threaten to de-industrialize Myanmar

A European Union (EU) mission will arrive in Myanmar this month to assess the possibility of revoking the nation’s Generalized System of Preferences (GSP) trade status, a punitive move that would devastate key sectors of the local economy. EU Trade Commissioner Cecilia Malmstrom initiated the review earlier this month in response to the United Nations […]

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