Burma an ?Extreme Risk? for Business and Rights Abuse

Description: 

"Just two weeks after the violent police crackdown on peaceful copper mine protests, an international business investment assessor has included Burma in a top-10 league of countries at ?extreme risk” for human rights abuses. Burma was ranked sixth in the bad league behind only Sudan, the Democratic Republic of Congo, Somalia, Afghanistan and Pakistan, the UK business advisory company Maplecroft said in its ?Human Rights Risk Atlas 2013.” Despite reforms of the past 18 months in Burma, the risk to foreign investors concerned about their public image remains extremely high, Maplecroft said. The warning comes as Western and Japanese multinational businesses weigh up prospects for investing in Burma, especially in infrastructure development and mining, oil and gas exploration. So far, recorded abuses such as land confiscations and forced labor have been linked to Burmese military-connected firms or Chinese companies such as China National Petroleum Corporation, which is building controversial oil and gas pipelines through the length of the country. But as pressure mounts for economic growth, more cases are coming to light..."

Creator/author: 

William Boot

Source/publisher: 

"The Irrawaddy"

Date of Publication: 

2012-12-19

Date of entry: 

2012-12-19

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

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