US business community asks Obama administration to ease Myanmar sanctions

[rooster59]

US business community asks Obama administration to ease Myanmar sanctions

YANGON: Five American trade groups called for the US government to ease sanctions on Myanmar last month, a move which has been met with praise by the Myanmar business community, The Irrawaddy reported.

On February 18, the American Chamber of Commerce Myanmar, National Foreign Trade Council, US-Asean Business Council, United States Chambers of Commerce, and United States Council of International Business sent a letter to various US State Departments asking the government to relax sanctions in an effort to improve the relationship between Burma and the US.

In the letter, members of the US business community supported Obama’s engagement in Burma thus far, including lifting import bans, easing finance and investment bans, opening a USAID office, and extending both OPIC (Overseas Private Investment Corporation) and Export-Import Bank support.

The letter also pointed to the positive election results in November—in which Aung San Suu Kyi’s National League for Democracy won a vast majority of parliamentary seats—and called for an advancement of the normalization process.

In mid February, vice president Nyan Tun also asked the Obama administration to lift the US sanctions on Myanmar at a meeting of Southeast Asian leaders in California. Nyan Tun said that although the US had given economic support to other Asean countries, Myanmar had received little developmental assistance because of the sanctions.

Source: http://englishnews.thaipbs.or.th/content/153771

-- Thai PBS 2016-03-05

[oldsailor35]

Of course they don't give a shit for human rights, they only smell money ! greedy bastards. Democracy is only any good when it works for them.

[Nowisee]

Destroy the forests, mine the crap out of the land, kill, trap and sell all the animals, exploit the people... THAT kind of greedy bastards?