To ask Her Majesty's Government, further to the answer by Lord Ahmad of Wimbledon on 12 June, whether they plan to issue official guidance to British companies not to engage in any form of business with companies owned by the Burmese military.
Answered on
26 June 2018
DIT continues to support trade with Burma as an important part of driving mutual prosperity. We believe responsible trade and investment has a role to play in Burma’s long-term transition from a military dictatorship with a closed economy to a democracy with an open economy.
UK businesses have their own internal processes for determining their investment and trading partners. DIT offers advice and support on working with local partners and encourages all British companies to undertake appropriate due diligence on any investment projects. DIT also ensures companies are aware of UK legislation including the UK Bribery Act (2010) and any relevant sanctions.