Connect with us
CGIF-10th-Year-Anniversary

Asean

ASEAN pushes forward on upholding human rights in business

The two-day dialogue took stock of recent progress among ASEAN Member States in implementing the United Nations Guiding Principles on Business and Human Rights (UNGPs)

Asean News

Published

on

ASEAN pushes forward on upholding human rights in economic pursuit

BANGKOK, 13 June 2019 – ASEAN continues to push forward on upholding human rights in pursuit of economic prosperity as the ASEAN Intergovernmental Commission on Human Rights (AICHR) conducted the 2019 AICHR Interregional Dialogue: Sharing Good Practices on Business and Human Rights on 10-11 June in Bangkok, Thailand.

The two-day dialogue took stock of recent progress among ASEAN Member States in implementing the United Nations Guiding Principles on Business and Human Rights (UNGPs), particularly development of a national action plan on business and human rights.

It also discussed the interaction between the UNGPs and expansion of trade liberalisation through Free Trade Agreements.

In his opening remarks, Deputy Prime Minister of Thailand Dr. Wissanu Krea-Ngam highlighted that in addition to serving as a key to furthering economic prosperity and sustainable development in the region, UNGPs were also instrumental to tackle challenges that remain in its implementation, particularly in the areas of cross border investments, environmental problems and social disparities.

Attended by 180 participants from the region and beyond, the dialogue noted the progress made globally to ensure the effective implementation of the UNGPs, namely the adoption of National Action Plan (NAP) on Business and Human Rights by 21 countries around the globe and the launch of NAP by Thailand at the end of June 2019, which will be the first NAP in Southeast Asia.

The dialogue also noted rooms for improvements including continuing raising awareness among the relevant stakeholders on the UNGPs. It highlighted the importance to conduct human rights due diligence for businesses in all sizes and sectors, as well as to incorporate gender lens in the implementation of UNGPs and more broadly in business conduct and regulations.

Further, the discussions included the role of public investment institutions on their concerns to respect human rights in their consideration for investment options.  In addition, the discussion on compatibility between international trade agreement and respect for human rights concluded that economic agreement must be managed with human rights mindset. 

Finally, partnership for change must involve perspectives from all stakeholders including local and transnational corporations, Corporate Social Responsibility networks, advocacy Civil Society Organisations, international organisations, etc.

AICHR Thailand organised the dialogue on behalf of the AICHR with support from the Ministry of Justice of Thailand, Norway, Switzerland, the Australian Human Rights Commission, and related international organisations, namely, United Nations Development Programme, Organisation for Economic Co-operation and Development and International Labour Organization.

***

Source link

Comments

Asean

The Latest on Covid-19 in Southeast Asia

Thailand has largely avoided widespread community transmission of Covid-19, but the kingdom is not faring well on the economic front, with a projected contraction of 7.1 percent this year.

Avatar

Published

on

Coronavirus Asia

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.

(more…)
Continue Reading

Laos

China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC

Laos’ debt challenge is deeply concerning, with some media commentators suggesting the country is falling into a debt trap as a result of Chinese infrastructure investments connected to the Belt and Road Initiative (BRI)

Boris Sullivan

Published

on

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.

(more…)
Continue Reading

Vietnam

Foreign capital still heads to Vietnam

As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

Avatar

Published

on

Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending