Norway fund drops China, India firms over Myanmar weapons


Myanmar's military fighter planes fly over during a ceremony marking Myanmar's 75th anniversary of Independence Day in Naypyidaw on Jan 4, 2023. - AP

OSLO (AFP): Norway's sovereign wealth fund, the world's biggest, has excluded two companies from China and India for selling weapons to Myanmar, the Norwegian central bank said.

The fund said it had divested from AviChina Industry & Technology and Bharat Electronics due to the "unacceptable risk that the companies are selling weapons to a state that uses these weapons in ways that constitute serious and systematic breaches of the international rules on the conduct of hostilities".

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Myanmar , weapons , Norway , funds

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