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Winnipeg Free Press By: Kim Tong-Hyung, The Associated Press Posted:
Last Modified: 12:16 AM CDT Friday, Apr. 16, 2021 Save to Read Later
SEOUL, Korea, Republic Of - A South Korean steelmaker on Friday said it plans to end a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests there.
South Korean peace activists on the ladders stage a rally supporting Myanmar s democracy, outside the POSCO office in Seoul, South Korea on Feb. 22, 2021. POSCO Coated & Color Steel said Friday, April 16, 2021, it s ending a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests in the country. (AP Photo/Ahn Young-joon)
Kim Tong-Hyung
South Korean peace activists on the ladders stage a rally supporting Myanmar s democracy, outside the POSCO office in Seoul, South Korea on Feb. 22, 2021. POSCO Coated & Color Steel said Friday, April 16, 2021, it s ending a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests in the country. (AP Photo/Ahn Young-joon) April 15, 2021 - 10:16 PM
SEOUL, Korea, Republic Of - A South Korean steelmaker on Friday said it plans to end a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests there.
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South Korean steelmaker to end partnership with Myanmar military
South Korean peace activists on the ladders stage a rally supporting Myanmar s democracy, outside the POSCO office in Seoul, on Feb 22, 2021. (Photo: AP Images)
16 Apr 2021 01:36PM (Updated:
16 Apr 2021 01:37PM) Share this content
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SEOUL: A South Korean steelmaker on Friday (Apr 16) said it plans to end a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests there.
POSCO Coated & Color Steel said it has decided to discontinue its partnership with Myanmar Economic Holdings Public Company Limited, which is about 40 per cent owned by Myanmar’s Defense Ministry.