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Burma

House of Lords written question – answered on 25th February 2013.

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Photo of Baroness Kinnock of Holyhead Baroness Kinnock of Holyhead Shadow Spokesperson (International Development)

To ask Her Majesty's Government what advice they give to companies interested in trading and investing in Burma.

Photo of Lord Green of Hurstpierpoint Lord Green of Hurstpierpoint The Minister of State, Foreign and Commonwealth Office, The Minister of State, Department for Business, Innovation and Skills

Since the suspension of EU sanctions in April 2012, the British Government have made a commitment to promoting responsible trade and investment in support of Burma's democratic reform process. A UKTI office in Rangoon opened in July 2012 and provides a full range of UKTI services to help companies to understand the market and key areas of opportunity.

UKTI offers a practical guide for business in Burma, which is available through the UKTI website and which includes advice on the suspension of EU sanctions. The British Government urge all UK companies entering Burma to abide by international standards of corporate governance and social and environmental responsibility. In particular, this means adhering to the OECD guidelines for multinational enterprises and the UN's guiding principles on business and human rights.

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