Myanmar Reforms Lead EU To Reinstate Duty-Free Trade

Law360, New York (July 18, 2013, 2:43 PM EDT) -- The European Union announced Thursday that it will lift 16-year-old trade restrictions with Myanmar following the country’s advances in addressing human rights and labor concerns, opening the door to duty-free access to European markets.

Starting July 19, Myanmar will once again have access to a duty- and quota-free EU program designed to offer tariff reductions to developing nations. Myanmar's participation in that program was suspended in 1997, and its reinstatement signals further progress in democratic reform efforts that prompted the U.S. in May to lift its...
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