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US lifts sanctions on prominent Burmese businessman

By Fri, Apr 24, 2015 9:41AM UTC 20 Comments

WASHINGTON (AP) — The Treasury has removed a prominent Burmese businessman from a blacklist that had barred him from doing business in the United States....

Key senator to let Burma sanctions bill lapse

By Wed, May 22, 2013 9:51AM UTC 0 Comment

WASHINGTON (AP) — In a significant move, a prominent Republican senator said Tuesday he plans to let key sanctions legislation against Burma lapse because of the country’s progress toward democracy. Senate minority leader Mitch McConnell made the announcement after meeting the nation’s President Thein Sein who is making a landmark visit to Washington. On Monday,...

US extends Burma sanctions authority for 1 year

By Fri, May 03, 2013 10:48AM UTC 0 Comment

WASHINGTON (AP) — The Obama administration extended Thursday by one year targeted U.S. sanctions against Burma, a move aimed at preventing backsliding on democratic reforms. But to sweeten the pill, the administration eased some of the U.S. visa restrictions imposed against Burma’s former military regime in recognition of the nation’s dramatic shift from authoritarian rule....

US okays bill to ease Burma aid restriction

By Fri, Sep 21, 2012 11:19AM UTC 0 Comment

WASHINGTON (AP) — The House of Representatives has backed legislation that eases another restriction on the U.S. providing aid to Burma. The bill, that still has to pass the Senate, would allow the U.S. to provide financial aid to the country also known as Burma through the World Bank, the Asian Development Bank and the...

US removes penalties against Burma’s president

By Thu, Sep 20, 2012 10:43AM UTC 26 Comments

WASHINGTON (AP) — The U.S. Treasury has removed Burma’s president, Thein Sein, from a list of individuals who are barred from doing business or owning property in America. The announcement comes as Burma’s opposition leader, Aung San Suu Kyi, is on a high-profile trip to the U.S. that is expected to include a private meeting...