'Clinton keen on workers rights in Asia'
CAMBODIA: US Secretary of State Hillary Clinton Friday urged
Southeast Asian nations to promote workers' rights and improve labour
conditions as a means of spurring economic growth.
"Standing up for workers' rights and high labour standards is not
just the right and moral thing to do, it's also the smart and strategic
thing as well," Clinton told a women's forum in the Cambodian town of
Siem Reap.
Respecting such rights "holds the key to unlocking Asia's next great
phase of growth and rebalancing the global economy".
Her comments came as US businesses are poised to push into Myanmar,
virtually virgin territory as the United States only this week eased
decades-old sanctions to allow US investment but attached stringent
reporting conditions.
Clinton acknowledged that in Myanmar "as the economy opens up, there
will be new challenges".
"It will be tempting, given the country's extremely low wages, to try
to attract investment by undercutting competitors like Bangladesh and
Cambodia." But she argued long-term sustainable development would be
strengthened if the nation's leaders "focus on protecting workers,
attracting quality jobs, and continuing to reform the political system".
"Denying workers their universal rights costs societies dearly in
lost productivity, innovation, and growth," Clinton insisted. AFP |