Trading NGO calls on foreign investors to stop investing in Myanmar

16 May 2022
Trading NGO calls on foreign investors to stop investing in Myanmar
Garment workers at a clothing factory in Pathein, Ayeyarwaddy, Myanmar. Photo: Hong Sar/Mizzima

The Ethical Trading Institute (ETI) is urging western companies to stop investing in Myanmar and to consider pulling out of the country because of the deteriorating situation for workers following the February 2021 coup, Ecotextile.com reports.

ETI previously urged brands and retailers to reassess whether their presence in Myanmar met their responsibilities under the UN Guiding Principles on Business and Human Rights (UNGPs) last August.

However, in a new statement released 13 May it says: 'Thirteen months on from the military coup, there is compelling evidence that the situation in Myanmar continues to deteriorate.'

Garment worker representatives have issued warnings over the last year about how pay and conditions of workers have deteriorated.