Philippines like New Zealand, rejects Myanmar in  free-trade pact 

Myanmar's army wrested power from Aung San Suu Kyi's elected government on Feb 1, 2021, in a takeover that sparked widespread street protests and civil disobedience.

Published: 18th February 2022 02:49 PM  |   Last Updated: 18th February 2022 02:49 PM   |  A+A-

Myanmar's ousted leader Aung San Suu Kyi

Myanmar's ousted leader Aung San Suu Kyi (File photo| AP)

By PTI

MANILA: The Philippines has followed New Zealand's decision to reject the inclusion of Myanmar in the world's largest free trade pact as international opposition to the military takeover that sparked violence and democratic setbacks in the Southeast Asian nation broadened into trade and diplomatic sanctions.

Foreign Secretary Teodoro Locsin Jr.told his Association of Southeast Asian Nations counterparts in a Thursday meeting in Cambodia that the Philippines will not accept Myanmar's instrument of ratification” of the Regional Comprehensive Economic Partnership, referring to the key document binding a country to the 15-nation free trade agreement, which went into effect Jan 1.

In Locsin's speech released to journalists in Manila on Friday, he did not cite any reason for the Philippine decision and added he was ready to yield if that stance would get in the way of a collective position by the 10-nation regional bloc, which includes Myanmar.

It's not immediately clear if other countries under the RCEP, which includes all 10 ASEAN members, along with China, Japan, Australia, New Zealand and South Korea, would also snub Myanmar's inclusion and eventually bar it from the massive trading bloc.

ALSO READ | ASEAN to discuss Myanmar military violence, visit by special envoy

Myanmar's army wrested power from Aung San Suu Kyi's elected government on Feb 1, 2021, in a takeover that sparked widespread street protests and civil disobedience.About 1,500 civilians have been killed by security forces, according to the Assistance Association for Political Prisoners.

Suu Kyi, 76, remains in detention with other ousted officials and faces a raft of charges that human rights groups say are baseless.

Two Asian diplomats told The Associated Press this week that New Zealand notified other countries in the RCEP that it would not recognize Myanmar's papers allowing it to join the trade bloc because it opposes its military-led government.

New Zealand was among the Western nations that quickly opposed the takeover, suspending all military and high-level political contacts with Myanmar and calling on army leaders to immediately release all political leaders and restore civilian rule.It also placed a travel ban on Myanmar's generals.

Locsin has been one of the most vocal in the region in calling for a dialogue to resolve the yearlong crisis in Myanmar, welcoming a plan for a special ASEAN envoy to travel to the crisis-wracked country next month to initiate a discussion among contending groups.

"The dialogue must include all and not just a select few, most especially it must include Daw Aung San Suu Kyi and President Win Myint,"Locsin told fellow ministers.It should be a genuine dialogue and not a ventriloquist act.The action taken by New Zealand and the Philippines underscores the growing fallout from the Myanmar crisis into the economic and diplomatic spheres.

ASEAN has increasingly been frustrated over Myanmar's noncompliance with a five-step agreement last year, including its refusal to allow the bloc's envoy to meet Suu Kyi and other detained leaders to start a dialogue.

The regional bloc has refused to recognise the military-led administration in Myanmar and has barred its military-appointed diplomats from attending its meetings since last year.RCEP originally would have included about 3.6 billion people and encompassed about a third of world trade and global GDP.

Although India dropped out before the deal was signed in November, it still covers more than 2 billion people and close to a third of all global trade and business activity.The deal slashes tariffs on thousands of products, streamlining trade procedures and providing mutual advantages for member nations.

Experts expect the deal to boost trade within the region by 2%, or USD 42 billion, and participating countries have expressed hope the initiative would help power their recoveries from the pandemic.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp