Japan s Kirin cuts ties with Myanmar military-owned firm
Issued on:
05/02/2021 - 03:24 2 min
Tokyo (AFP)
Japanese beer giant Kirin said Friday it is ending its joint venture with a military-owned conglomerate in Myanmar after a coup in the country.
The arrest of democratic leaders including Aung San Suu Kyi has sparked international condemnation and Kirin said it was deeply concerned by the recent actions of the military in Myanmar . Given the current circumstances, we have no option but to terminate our current joint-venture partnership with Myanmar Economic Holdings Public Company Limited (MEHL), which provides the service of welfare fund management for the military, the firm said.
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Friday, 05 Feb 2021 04:25 PM MYT
The Kirin logo is displayed at Kirin Brewery Co. Yokohama Factory in Yokohama June 11, 2019. Reuters pic
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TOKYO, Feb 5 Japanese beer giant Kirin said today it is ending its joint venture with a military-owned conglomerate in Myanmar after a coup in the country.
The arrest of democratic leaders including Aung San Suu Kyi has sparked international condemnation and Kirin said it was “deeply concerned by the recent actions of the military in Myanmar”.
“Given the current circumstances, we have no option but to terminate our current joint-venture partnership with Myanmar Economic Holdings Public Company Limited (MEHL), which provides the service of welfare fund management for the military,” the firm said.