May 18, 2016

U.S. eases sanctions on Myanmar in bid to promote reforms

Journalists: Yeganeh Torbati, Joel Schectman

The United States eased some sanctions on Myanmar on Tuesday to support ongoing political reforms, but maintained most of its economic restrictions in an effort to punish those Washington sees as hampering the country's newly elected government.

U.S. officials said they were easing sanctions to encourage the "historic" progress in Myanmar, including the formation of the country's first democratically elected government in more than 50 years.

 

To read the full article, visit the Reuters website.

Author

  • Peter Harrell

    Former Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is a former adjunct senior fellow at the Center for a New American Security. He is a leading expert on U.S. economic statecraft, including sanctions, export cont...