Investments in Myanmar should abide by local laws, uphold high standards and support democracy and human rights.
The Institute for Human Rights and Business (IHRB) has embarked on a multi-year project to help ensure that existing and new investments in Myanmar are consistent with international human rights standards and best practices.
As a result of political and economic changes in the country, the European Union, the United States, and other industrialised countries have eased sanctions on Myanmar. Trade and investment delegations have visited the country in recent months to explore economic opportunities.
Myanmar’s President, Thein Sein, and opposition leader Aung San Suu Kyi have both stressed in public remarks that investments in the country should abide by local laws, uphold high standards, respect labour rights and the environment, and support democracy and human rights.
In the past, insufficient clarity concerning expected business conduct in countries emerging from periods of sanctions has created uncertainty. The unanimous endorsement in 2011 of the
United Nations Guiding Principles on Business and Human Rights marks a significant step forward in providing necessary guidance for all stakeholders.
The UN framework affirms the duty of all States to protect peoples from rights abuses involving non-state actors, including business; the independent responsibility for all business enterprises to respect human rights; and the importance of ensuring access to effective remedies for those whose rights have been abused.
IHRB is working with the Danish Institute for Human Rights, the British Council, and other local and international partners to undertake activities in support of responsible investment in Myanmar consistent with the UN Guiding Principles and other relevant standards. These include:
IHRB has established a project team for Myanmar, which includes a special adviser on Myanmar and other colleagues in London, working with a project manager in Yangon. IHRB’s activities in Myanmar are supported by the UK Foreign and Commonwealth Office and the GE Foundation.
The G8 Foreign Ministers have issued a joint statement following their meeting on 10 and 11 April 2013 in London. - UK Government Press Release, 11 April 2013
Burma, business and human rights - Podcast Interview with IHRB Executive Director John Morssion, Ethical Corporation, 17 July 2012
UK Trade and Investment Mission - UK Government Press Release, 09 July 2012
Aung San Suu Kyi signals change in Burma, but investors should proceed with caution - Commentary by IHRB Chair John Ruggie, Christian Science Monitor, 19 June 2012
Uneven road to doing business in Burma - Commentary by IHRB Policy Director Salil Tripathi, The Guardian, 19 April 2012
Open Letter from Mary Robinson and John Ruggie to EU Foreign Ministers and EU High Representative - 19 April 2012
Myanmar: Investing in the Future of Democracy and Human Rights - Commentary by IHRB Policy Dirctor Salil Tripathi, 03 April 2012
For details about job vacancies in Myanmar, click here Please direct any queries to: