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Gap to be first US retailer to sell 'Made in Myanmar' goods

Myanmar labourers work at a garment factory on the outskirts of Yangon on September 27, 2012High street giant Gap is to become the first American retailer to source garments made in Myanmar, the US embassy in Yangon said, over a decade after sanctions against the former junta slashed the country’s textile industry. The US embassy said products made at two Yangon factories would be in Gap stores by this summer, in the latest sign of growing interest from multinationals in the fast-changing former pariah state. Most Western embargoes on Myanmar — which previously blocked exports from the Southeast Asian nation — have been lifted in response to wide-ranging democratic reforms introduced in 2011. “The garment industry stands poised to become a significant source of jobs, exports and opportunity for the people of this country,” the US embassy said in a statement.

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