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Article

6 May 2008

Author:
Andrew Crane & Dirk Matten, Professors at York Univ. School of Business [Canada]

Time for multinationals to step up to the mark in Burma

...[With Burma] suddenly in the midst of a huge natural disaster that has already claimed some 22,000 lives, now is clearly the time to go beyond debate [over companies' trade & investment with Burma] and for any companies still doing business there to start rolling up their sleeves... [Is] Cyclone Nargis going to be the catalyst for any of the hundreds of multinationals doing business with Burma to demonstrate some concrete proof that their business links can bring positive social benefits to the Burmese people? After all, the common argument used by companies involved in Burma is that they can benefit ordinary people more by investing there than divesting. So this is a real opportunity to finally show the world that this whole argument is more than just a lame excuse for profiting from human rights abuses. The International Trade Union Confederation (ITUC) latest list of companies doing business with Burma includes Caterpillar..., China National Petroleum Corp. (CNPC), Daewoo International..., Siemens..., Gas Authority of India (GAIL), GlaxoSmithKline ..., Hyundai..., and Total....

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