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EU re-opens its market to Myanmar/Burma

EU News 343/2013

IP/13/695
Brussels, 18 July 2013

As of 19 July, Myanmar/Burma is set to benefit once again from a special, advantageous trade arrangement with the EU after the country's recent efforts to improve the political, social and labour environments there. The EU will bring the country back under the so-called 'Everything But Arms' preferential trade regime which will grant duty-free and quota-free access to the European market for all products except for arms and ammunitions.

The trade preferences for Myanmar/Burma will be applied retroactively as of 13 June 2012, the day when the International Labour Organisation (ILO) Conference first recognised progress in the labour rights situation in Myanmar/Burma.  The EU’s trade preferences had been suspended in 1997 as a result of the country's serious and systematic violations of core international conventions on forced labour.

Source and additional information:
http://europa.eu/rapid/press-release_IP-13-695_en.htm?locale=en