Myanmar: Please avoid the remaining zero

Published 2022년 7월 21일

Tridge summary

A dispute between two partners of a large sugar factory in northern Myanmar has led to legal actions and ongoing conflicts, impacting the socio-economic lives of sugarcane farmers and the country's sugar industry. This conflict, exacerbated by a lack of specific sugar cane laws and regulations in Myanmar, has raised concerns about the nation's investment climate. The need for the Department of Agriculture to intervene and establish a sugar cane authority to provide guidance and protect farmers' interests is underscored. The outcome of this conflict is crucial for the perception of Myanmar's sugar industry on the global stage.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today, a major conflict of interest is taking place in the world of sugar cane. Somewhere in northern Myanmar, two joint venturers of a large sugar factory ended up being unable to negotiate and had to go to local and foreign courts. Throwing aside court rulings, mutual attacks continue. It was an incident that affected the socio-economic lives of sugarcane farmers related to the factory, like a cotton plant crushed between two buffaloes. sugarcane cultivation It is also a difficult crisis to resolve between the sugar production and investment sectors. For those coming to invest, Myanmar's image was not good from the beginning. Under President U Thein Sein, who started reform, two businessmen and educators who have been working in the sugar industry from one of the world's major countries since generations to this day have contacted us. They came to explore the possibility of building a factory that can produce organic sugar. Our association also helped them. After more than six ...

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