Home / Knowledge / News / Apparel/Garments / Myanmar trade unions appeal against withdrawal of EU GSP

Myanmar trade unions appeal against withdrawal of EU GSP

02
Jan '19
Courtesy: rawpixel.com from Pexels
Courtesy: rawpixel.com from Pexels
The Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI), the Confederation of Trade Union of Myanmar (CTUM) and the Myanmar Industries, Craft and Services Trade Unions Federation (MICS) recently appealed against the withdrawal of the European Union’s (EU) generalised scheme of preferences (GSP). The EU had reinstated GSP for Myanmar in 2013.

The trade unions said they will continue to support ongoing reforms and programmes to respect human and labour rights that underpin the granting of the trade preferences, according to Myanmarese media reports.

The removal of GSP serves only to exacerbate the existing socio-economic hardships faced by a labour market that is still fragile and undeveloped and the main impact would be felt by grassroots employees through job losses and destruction of livelihoods that could derail ongoing reforms and programmes towards decent work and industrial peace, according to a statement issued by the unions.

A full withdrawal of the GSP for Myanmar would lead to higher import tariffs, which would put Myanmar at a competitive disadvantage in the EU market, the World Bank said in its annual report on Myanmar. This will likely have a significant impact on foreign direct investments, it said.

If the EU withdraws GSP, investors who invest in Myanmar to gain access to the EU export market will no longer be attracted, said U Aung Naing Oo, director general of the Directorate of Investment and Company Administration, last month. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 27th Jan 2021

UK factories concerned over shortage of materials, workers

Concerns of UK manufacturers regarding shortage of low-wage workers...

Pic: Shutterstock

Retail | On 27th Jan 2021

US holiday season hit by understaffing, high turnover

The versatility and resilience of retailers helped many stores...

Pic: Wikipedia/Sabyasachi

Fashion | On 27th Jan 2021

ABFRL acquires 51% stake in Sabyasachi brand

Aditya Birla Fashion and Retail Limited, India’s leading fashion...

Interviews View All

Prabu Mohanram, Balavigna Weaving Mills Pvt Ltd

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Textile industry, Head honchos

Textile industry
Head honchos

Athleisure is the current buzzword in fashion

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

John Elmuccio,

John Elmuccio

Evolution St Louis is a company setting up a high-tech knitting facility...

Aditya Goyal,

Aditya Goyal

Headquartered in Surat, Anubha Industries is a specialist for sustainable...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


January 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search