UNION CHIEF JUSTICE U THA HTAY ATTENDS THE 12TH INTERNATIONAL LEGAL FORUM OF THE ASIA-PACIFIC REGION VIA ONLINE

The Supreme Court of the Union/ NayPyiTaw / October 05, 2023

Nay Pyi Taw, Oct 5

Union Chief Justice U Tha Htay attended the 12^th International Legal Forum of the Asia-Pacific Region, which was organized by the Supreme Court of the Russian Federation through videoconferencingToday afternoon 13:30 at the Supreme Court of the Union, Nay Pyi Taw.

First, as the host, H.E. Mr. Vyacheslav Lebedev, Chief Justice of the Supreme Court of the Russian Federation made his welcome speech. Then, Union Chief Justice U Tha Htay, together with the Chief Justices of the Asia-Pacific Region and the Heads of Delegate attended to the Forum, delivered speeches respectively.

The Forum consists of two sessionsincluded the topics of Cross-Border Legal Relations and National Justice and Protecting the Rights of the Business in a Social Welfare State: Balance of Interests in Judicial Practice.

And then, in the topic 2, Supreme Court of the Union Justice U Thaung Naing took part in the session of the Forum under the title of “Protecting the Rights of Business in Myanmar; the Role of the Judiciary”. In his discussion, Justice U Thaung Naing said there are our core values of legal framework in Myanmar to develop the rights of the business both for internal and external investors. Under section 36 of the Constitution of the Union, the Government guarantees to protect and prevent acts that injure public interests through monopolization or manipulation of prices by an individual or group with intent to endanger fair competition in economic activities. There are many other laws regarding with the protecting rights of the business in a social welfare state, including Myanmar Company Law, Myanmar Investment Law, Competition Law, Insolvency Law, Arbitration Law and Trade Mark law etc. And then other laws related to the social welfare such as the Social Security Law and Elderly People Law etc. the Judiciary plays an important role in creating a better business environment. The Supreme Court of the Union has adopted Judicial strategic plans and been implementing in line with the Myanmar Substantiable Development Plan (MSDP) to ensure the commitment of judiciary to people with the slogan of “Providing Justice by All”. The cases can be disposed of more speedily by the court countrywide with the implementation of Case Management and Court-led Mediation Systems. The State-owned Economic Enterprises Law which gives a distinguished legal status of such enterprises that the right to sue and to be sued. Policy makers and the authorities concerned should be working together with judiciary to protect the Rights of the Business.

Also present at the Forum together with the Union Chief Justice U Tha Htay were the Supreme Court of the Union Justice U Thaung Naing and officials concerned.