Myanmar’s New Investment and Land Laws Crucial to Protecting Human Rights.

Bill O’Toole of the Democratic Voice of Burma has written an article discussing law reform in the Democratic Voice of Burma that quotes the ICJ.

Investors and activists await new govt’s economic policies

More than a month into the new National League for Democracy (NLD) government’s tenure, key pieces of economic policy remain in limbo, leaving both foreign investors and human rights activists uncertain about the future.

Since it began its transition to civilian rule five years ago, Burma has attracted the attention of many would-be investors. But its appeal — based on its wealth of natural resources and abundance of cheap labour — has been dimmed by the country’s continuing reputation for human rights abusesand unresolved legal issues.

With a new administration now in power, however, expectations are high that some of these hurdles could soon be cleared, provided the government acts to address both foreign and domestic concerns by introducing new legislation.

“This is a key moment for the NLD to show their commitment to regulation that fulfills their duty to protect human rights, ensure accountability and provide access to remedy for those whose rights are violated during the process of economic development,” said Daniel Aguirre, a Rangoon-based legal advisor with the International Commission of Jurists (ICJ).

But even as he notes that Burma’s investment, resource extraction and land regulation regimes are in flux, Aguirre says the NLD shouldn’t be in too much of a hurry to pass laws. “These laws must be drafted carefully as Myanmar [Burma] will have to live with their consequences for the foreseeable future,” he said.

For the full article see: http://www.dvb.no/news/investors-activists-await-economic-policies/62440

 

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