MYANMAR CLOTHING EXPORTING BUSINESS DEPENDS ON SHIPPING
April 1st, 2021
THE MYANMAR clothing industry is struggling to operate effectively as political unrest continues following the seizure of power by the country’s military on February 1.
Garment manufacturers, most of whom have been located in the country’s commercial capital Yangon, had been a major employer and a significant source of foreign currency for Myanmar. The sector employs more than half a million jobs and generates over USD6 billion in sales annually, according to the European Union (EU) embassy to Myanmar. But violent clashes between security forces and ...
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