EU disburses USD 43 million to support Myanmar’s education

EU disburses USD 43 million to support Myanmar’s education

The European Union (EU) announced this week that it will be disbursing EUR 37.625 million (USD 43 million, MMK 59.693 billion) to further support education reforms in Myanmar. It is the third payment from a total of EUR 221 million provided by the Eu
EU suspends USD 100 million of Myanmar’s Debt

EU suspends USD 100 million of Myanmar’s Debt

Six European Union states have deferred debt payments from Myanmar worth nearly USD 100 million for the rest of this year to help the country’s efforts to focus on economic recovery from the COVID-19 pandemic. Reported by several media outlets last

EU provides relief to garment factory workers

As the COVID-19 pandemic slams Myanmar’s manufacturing sector, the European Union (EU) will contribute EUR 5 million to factory workers who have lost their jobs. Since the start of the pandemic, at least 40 garment factories have closed and mor
EU to impose sanctions on Myanmar individuals

EU asks Myanmar to investigate war crimes

The European Union has officially called on the Myanmar government to launch investigations into those suspected of war crimes in Rakhine State. Less than one week after the International Court of Justice ordered Myanmar to protect its Rohingya minor
EU’s Generalised System of Preferences in jeopardy?

EU’s Generalised System of Preferences in jeopardy?

According to U Zaw Min Win, chair of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the EU may be preparing to revoke the Generalised System of Preferences (GSP) status granted to Myanmar. The President of UMFCCI said
ADB/EU to boost skills of Myanmar’s youth

ADB/EU to boost skills of Myanmar’s youth

The Asian Development Bank (ADB) and the European Union (EU) are preparing a USD 26 million technical assistance (TA) grant to support reforms that will improve the quality and relevance of secondary education and technical and vocational education