Burma sanctions: isolating whom?

Author: Ethical Corporation [leader], Published on: 26 May 2005

The ethics of the ongoing Burma boycott may be slightly more complex than they seem...More people are going to Burma...There are reasons to reconsider [sanctions]. For one thing, sanctions are probably not working. According to the Brussels-based International Confederation of Free Trade Unions, there are 437 foreign companies operating in Burma. These include major multinationals such as Credit Agricole, Deutsche Bank, Hyundai [Hyundai Corporation (part of Hyundai Group)], Suzuki and Total...Second, sanctions don’t have a hugely successful record...Third, it may be possible to operate in Burma and give only minimal support to the generals but give considerable economic and moral support to the Burmese themselves.

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Related companies: Crédit Agricole Deutsche Bank Hyundai Corporation (part of Hyundai Group) Hyundai Group Suzuki Total