Thursday, July 12, 2012

US Lifts Sanctions on Burma

BurmaYesterday, US President Barak Obama issued an Executive Order lifting sanctions on U.S. investment in Burma, subject to certain reporting requirements.  However, the Order continues and expands sanctions against persons who impede progress towards peace and democracy or who violate human rights.  The Order coincides with the arrival of the first US ambassador to Burma in 22 years.


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