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Burma Update: U.S. Sanctions Officially Removed

On Thursday, Via Meadia reported that Japanese companies were rushing to take advantage of new commercial opportunities created by the easing of international sanctions against Burma. Not to be outdone, President Obama announced the formal removal of U.S. restrictions on investment in Burma. The Washington Post has the story:

“Easing sanctions is a strong signal of our support for reform, and will provide immediate incentives for reformers and significant benefits to the people of Burma,” President Obama said in a statement issued by the White House.

The move was the most far-reaching to date in the administration’s increasingly rapid normalization of relations with Burma.

Despite the president’s rhetoric, the changes underway in Burma represent more than a human rights morality play. We will continue to monitor the geopolitical implications of this shift.

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