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Article

25 Jan 2005

Author:
Intl. Confederation of Free Trade Unions (ICFTU)

Burma and multinational companies: who profits and how it works

The 28-page document, entitled “Doing Business with Burma”, concentrates on investment in and trade with Burma and shows how foreign business relationships with Burma - by large and small multinational companies - generate vast profits for the country’s military dictators. The ICFTU simultaneously released an updated version of its Burma company database, which now contains the names of some 440 multinational companies...[refers to Sinopec, China Telecom, Lloyd's of London, Rolls Royce, State Bank of India, Daewoo International, Austrian Airlines, SWIFT, Total, Unocal, Suzuki, Ivanhoe Mines]