Business
US, JAPAN, DENMARK PROMOTE LABOR RIGHTS IN MYANMAR
JOSH LEDERMAN, Associated Press
YANGON, Myanmar (AP) — The U.S. is teaming with Japan and Denmark to try to improve labor conditions in Myanmar, where poor conditions for workers have long been a concern.
The White House says the three countries will launch an initiative with the International Labor Organization aimed at reforming Myanmar’s labor laws over a number of years. The goal is to get business, labor groups and government institutions cooperating.
The White House says the U.S. will pay for a labor law expert to advise Myanmar’s government on reforming its laws. The three countries also are inviting other nations and organizations to join the effort.
The U.S. is announcing the initiative on the last day of President Barack Obama’s trip to Myanmar. Obama is encouraging Myanmar to keep pursuing democratization despite recent setbacks.
-
Banking3 days ago
Open Banking and Cross-Border Payments: Advancements and Challenges
-
Finance3 days ago
Cross-border payments: The key to global business success
-
Interviews3 days ago
Navigating the Transformative Banking Landscape
-
Investing3 days ago
The Hunt is On for AI Synergies in Private Equity Portfolio Companies