Press Release: EU and Myanmar/Burma to negotiate an investment protection agreement

After the European Union reinstated trade preferences to Myanmar/Burma in July 2013, EU Trade Commissioner Karel De Gucht launched, on the 20 March 2014, negotiations for an investment protection agreement between the European Union and Myanmar/Burma with Dr. Kan Zaw, Union Minister of National Planning and Economic Development of the Republic of the Union of Myanmar, in Nay Pyi Taw.

The EU Member States gave their green light on the negotiation mandate earlier this week in Brussels, on 18 March 2014. The investment agreement will improve the protection and fair treatment of investors from both sides and will thus contribute to attracting investments to Myanmar/Burma and the EU.

ESO: Background information: EU re-opens its market to Myanmar/Burma http://www.europeansources.info/record/press-release-eu-re-opens-its-market-to-myanmar-burma/

ESO: Background information: EU Trade Commissioner De Gucht travels to South East Asia to boost trade ties with Vietnam, Cambodia and Myanmar http://www.europeansources.info/record/press-release-eu-trade-commissioner-de-gucht-travels-to-south-east-asia-to-boost-trade-ties-with-vietnam-cambodia-and-myanmar/

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