Wednesday, October 31, 2007

Burma junta's exports lose sparkle

From the Financial Times:
The oil giants Total and Chevron have rejected calls to divest their business interests in Burma. However, other western businesses have been re-evaluating their links with the regime. Jewellery firms Cartier and Bulgari are to boycott gems from Burma, and Jewelers of America, which represents US retail chains, has called on Congress to close a loophole in a US ban that allows Burmese gemstones to enter through third countries. Rolls Royce has stopped servicing aero engines for Burma's state carrier, causing it to suspend flights. Full story

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