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Article

26 Jul 2012

Author:
Chris Nolan, BSR

It’s Not the Time for Business as Usual in Myanmar

[T]he U.S. suspension of economic sanctions...opened the flood gates for U.S. companies to...search of business opportunities in...[Myanmar]...[H]uman rights and policy advocacy organizations have decried the U.S. government’s decision...Some stakeholders believe businesses from the U.S. and European Union have used the suspension of sanctions to quickly pivot focus away from human rights in order to avoid compromising potential business deals...Business should promote commitments to international standards with the Myanmar government and support legal reforms and enforcement mechanisms... And when national leaders take a step sideways or backwards, business should...hold them accountable...This isn’t the time for business as usual.