Western pressure pushes Myanmar towards China, research firm says

Sub-title: 

A global research agency believed increasing pressure from the west on Myanmar’s alleged rights violations would push the country’s political and economic allegiance towards China, even if Myanmar seeks diversification of trade relations.

Description: 

"Fitch Solutions, a unit of the UK Fitch Group, said China looks likely to be the dominant foreign influence over the coming years with its already entrenched interests over Myanmar coupled with the possibility of news sanctions from the West due to human rights abuses. “The government’s inaction and repeated equivocation of the alleged abuses risks Myanmar becoming even more isolated on the international stage and also sanctions being expanded to include civilians and the economy,” said Fitch Solutions in its latest Outlook for Myanmar report released last week. The atrocities committed against the northern Rakhine Muslims has once again caught the international attention recently as the International Court of Justice in January imposed emergency “provisional measures” on Myanmar, ordering the country to preserve evidence of crimes and report to the court on measures taken to prevent genocide. The case derived from the military crackdown that resulted in more than 740,000 northern Rakhine Muslims fleeing to Bangladesh. The EU Commission’s decision in early February to partially withdraw Cambodia’s trade preference under the Everything But Arms (EBA) trade preferences initiative renewed worries about the EU removing Myanmar’s privileged status..."

Creator/author: 

John Liu

Source/publisher: 

"Myanmar Times" (Myanmar)

Date of Publication: 

2020-03-06

Date of entry: 

2020-03-06

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

Resource Type: 

text

Text quality: 

    • Good