Total Must Disinvest from Burma’s Military Junta

The ICEM has written to French-based energy concern Total asking the company to rethink its position concerning investment in Burma. As one of the few remaining large foreign investors in Burma, Total’s business enterprises prop the country’s dictatorial junta behind a constant flow of foreign currency. Burma is a country that spends over 40% of its national budget on military expenditures, while 0.4% of GDP is spent on health and education. The letter anticipates an upcoming high profile NGO campaign against Total because of its links with Burma.