EU readies more sanctions against Burma
The European Union will extend its arms embargo on Burma for another year this week and may then move to target more generals with fresh sanctions, EU diplomats and officials said.
The European Union will extend its arms embargo on Burma for another year this week and may then move to target more generals with fresh sanctions, EU diplomats and officials said.
Aung San Suu Kyi’s government is opening the economy and growth is rebounding in Burma, though the possibility of broader Western sanctions over the Rohingya crisis is nevertheless giving some foreign investors pause, according to a senior IMF official.
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European Union foreign ministers agreed on Monday to prepare sanctions against Burmese generals over the killings of Rohingya Muslims and to strengthen the EU arms embargo, accusing state security forces of grave human rights abuses.
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The European Union will start preparing sanctions against Burmese generals over killings of Rohingya Muslims by formally calling on the bloc’s foreign policy chief next week to draw up a list of possible names, two diplomats said.
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The US Treasury Department has slapped sanctions on a gambling empire hacked from the Laotian jungle which it said was involved in drug, human and wildlife trafficking and child prostitution.
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The United States imposes sanctions on 13 “serious human rights abusers and corrupt actors” including Burmese general Maung Maung Soe, who oversaw this year’s brutal crackdown against the Rohingya Muslim minority.
International Relations Lead Story News Rohingya
The US government will constantly adjust its sanctions regime to respond properly to the situation in Burma’s Rakhine State, where many thousands of Rohingya Muslims have been displaced, a senior US official said on Saturday.
Proposed US sanctions targeting Burma’s military for its treatment of Rohingya Muslims would hinder the fledgling civilian government sharing power with the generals, a spokesman for de facto leader Aung San Suu Kyi said on Friday.
United States lawmakers have proposed a bill including sanctions and travel restrictions of Burmese military officials.
International Relations Lead Story News Rohingya
The United States is taking steps and considering a range of further actions over Burma’s treatment of its Rohingya Muslim minority, including targeted sanctions under its Global Magnitsky law, the State Department said on Monday.
Wa tin likely ends up in an array of products made by US and other international companies, says a new Reuters report.
Aung San Suu Kyi promises a clearer legal framework and opportunities in untapped economic sectors in a bid to attract investors after the lifting of US sanctions.
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A delegation representing the American gems industry is visiting Burma to explore opportunities in the country following the lifting of US sanctions.
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Burma’s billion-dollar jade industry needs a reformed legal framework to release it from the grip of the military elites, drug lords and crony companies, says British transparency watchdog.
A business watchdog group warns Burmese companies that if they want to thrive in the post-sanctions economy, they’ll have to be more open and transparent.
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Speaking in Washington, the Burmese leader urged businesses to invest in the Southeast Asian country as a way to advance its democratic transition.
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Human rights activists denounce the Obama administration’s decision to lift sanctions on Burma as a “dark day” for the country’s efforts to end abuses by the military.
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Keen to encourage US investors, Washington is eyeing a lifting of sanctions despite much criticism levelled at Suu Kyi for doing too little to address the plight of the Rohingya.
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President Barack Obama will consult with Burmese leader Aung San Suu Kyi on Wednesday on whether to further ease US sanctions to help investment and democratic transition in Burma.
Conflict Kachin Lead Story Military News
Kachin exile groups say US sanctions on the Burmese military should stay in place until the conflict in Kachin State is resolved.
Foreign Affairs International Relations Lead Story Military News
The United States may consider easing sanctions on Burma following State Counsellor Aung San Suu Kyi’s visit to Washington later this month.
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The Obama administration’s policy is an indication of the importance of ethnic minority issues in US-Burma diplomatic relations. It also reflects the sentiment of the international community.
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The US decision to further ease restrictions on trading through Steven Law’s shipping port and airports put the blacklisted businessman in a position to profit from the latest changes to the US sanctions regime.
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The US government has decided to maintain most economic restrictions on Burma in an effort to punish those Washington sees as hampering the country’s newly elected government.
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Washington is expected to offer more general licenses to specific companies, and take some people off Treasury’s list of “Specially Designated Individuals” targeted for sanctions.
Two US-based rights groups argue that sanctions on Burma should remain in place until the country makes further progress on human rights abuses.
The US is temporarily easing trade restrictions on Burma by allowing all shipments to go through its ports for six months, officials said on Monday.
President Obama’s nominee to be ambassador to Burma said he does not expect major changes in US sanctions in the wake of the country’s historic election.
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The US on Monday welcomed Burma’s election as a victory for the people, and the vote appeared to raise prospects of a further lifting of US sanctions.
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Half of all Burma’s trade flows through the Asia World terminal, owned by blacklisted Steven Law.