EU Cancels Sanctions &Nbsp; Burma Garment Industry Begins To Resume.

　　 Myanmar Clothing Industry has resumed, including new employment, because the European Union has announced the lifting of sanctions imposed on Burma since the end of 90s, because Burma has recently carried out political reforms.

stay European Union When sanctions were implemented, Burma lost its GSP status in the EU. The GSP allowed Burma's duty-free exports to the EU market. The abolition of the GSP has led to an increase in business costs in Burma and eventually led to a reduction in trade.

The lifting of EU sanctions is expected to restore jobs in 80 thousand garment industries, which have been lost in Burma over the past 10 years, as Burma has signed several new contracts and orders.

The cancellation of EU sanctions is expected to bring Burma's future this year. Clothing department 25000 jobs are generated, said the Burma Garment Manufacturers Association.

Although the European Union imposed sanctions and trade embargo on punishing the former army government of Burma for the tyranny and abuse of human rights, this kind of sanctions harmed poor and unskilled workers more than rulers, because many workers were unemployed.

With the lifting of EU sanctions, Burma's clothing industry is now expecting a similar gesture from the US because it will again be pushed into the development of Burma's clothing sector.

Before the US support for Burma in 2003, about 75% of Burma's clothing exports to the United States.