YANGON – 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 coup.
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 it says: “Thirteen months on from the military coup, there is compelling evidence that the situation in Myanmar continues to deteriorate.”
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