The EU-Myanmar Investment Protection Agreement

On the occasion of the visit of the president of Myanmar U Thein Sein in Brussels on 5 March 2013, the EU and Myanmar agreed to "explore the feasibility of an investment agreement". One year later, on 20 March 2014, the negotiations for the EU-Myanmar Investment Protection Agreement were officially launched. The first round of negotiations took place on 9-12 February 2015 in Yangon, the second round on 25-29 May in Yangon, and the third round on 21-23 September 2015 also in Yangon.

The aim is to conclude a standalone investment protection agreement which would:

·        provide certain guarantees regarding the treatment of EU investors in Myanmar and of Myanmar investors in the EU;

·        ensure that these investors are not discriminated against;  

·   allow the enforcement of the protection provisions through access fo investors to investment dispute settlement;

·        support sustainable development by encouraging responsbile investment and promoting environmental protection and core labour standards;

·        promote transparency;

and ultimately increase bilateral investment flows between the EU and Myanmar.