Use of NEMs of production rising in Myanmar, Laos: study fibre2fashion.com
The use of non-equity modes (NEMs) of production has been rising in Laos and Myanmar as reflected in exports from these nations as new forms of trade, according to findings by the ASEAN-Japan Centre. An estimated $132 million in garments from Laos and an estimated $1 billion in garments?more than 70 per cent of garment exports from Myanmar?are through NEM.
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