EU’s withdrawal of GSP not to affect foreign investment flow in Myanmar: official

YANGON, Oct. 28 (Xinhua) — The European Union (EU)’s probable withdrawal of its Generalized Scheme of Preference (GSP) will not impact the foreign investment flow in Myanmar, the official Global New Light of Myanmar quoted an investment administration official as saying Sunday. This will be due to the fact that EU countries have never been […]

EU to Start Investment Pact Talks With Burma This Week

HANOI — The European Union will launch negotiations this week for an investment pact with Burma, the EU’s top trade representative said on Monday, a deal aimed at giving European firms preferential access to one of Asia’s final frontier markets. Burma, an underdeveloped country closed off until 2012 to Western firms due to trade sanctions, […]