Home / Knowledge / News / Apparel/Garments / Withdrawing EU GSP benefits may end 4 lakh jobs in Myanmar

Withdrawing EU GSP benefits may end 4 lakh jobs in Myanmar

03
Nov '18
Withdrawing EU GSP benefits may end 4 lakh jobs in Myanmar
Apparel factories in Myanmar may close and around 400,000 workers turn jobless if the European Union (EU) removes Myanmar’s trade benefits under the generalised system of preferences (GSP), business and labour leaders in the country recently cautioned. The concern is apparently more about the long-term impact of the proposed decision rather than the immediate fallout.

The EU accounted for $1.8 billion, i.e., 72 per cent, of Myanmar’s garment exports last year.

EU representatives recently met Myanmarese businessmen and labour union leaders in Yangon to discuss removing the country’s preferential trade status, as a punitive measure for the failure of the government to resolve the humanitarian crisis in the Rakhine state, according to a Myanmarese newspaper report.

U Naw Aung, vice chair of Myanmar Industries Craft and Services Trade Union Federation, who attended the meeting, said keeping in view the country’s unstable labour sector, the decision would hit the garment sector the hardest and not the government or the military. People would go deeper into poverty, Naw Aung was quoted as saying.

Another attendee U Khin Maung Aye, managing director of Lat War garment factory, said the proposed EU decision is being opposed because it has no connection with the country’s political situation.

According to the International Labour Organisation (ILO) and Myanmar Garment Manufacturers Association, the textile and garment industry in the country employs nearly 700,000 people – 90 per cent women –and generates $2.7 billion in foreign exchange. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 14th Jul 2020

Falling textile-garment exports in Vietnam threaten jobs

Vietnam's textile and garment sector could see more job losses in the ...

Pic: Bodygram

Retail | On 14th Jul 2020

Transcosmos signs agreement with Bodygram, Japan

Transcosmos, headquartered in Japan, has signed a partnership...

Pic: IWTO

Textiles | On 14th Jul 2020

How clothes are used determines sustainability: AWI

Sustainability of clothing greatly depends on the number of times it...

Interviews View All

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Dr. Vijaya Kumar,

Dr. Vijaya Kumar

Dr MM Kariappa founded the Vogue Institute of Art & Design in 1996....

Neeraj Sharma,

Neeraj Sharma

Headquartered in Surat, Gujarat, Orange O supplies digital textile...

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


July 2020

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


Advanced Search