September 13, 2016

Further easing of US sanctions possible

As State Counsellor Daw Aung San Suu Kyi arrives in the United States, officials in America are possibly preparing for further relaxation of sanctions on Myanmar.
Yesterday, the White House said it wants to make sure that US sanctions against Myanmar are not preventing economic investment that would help the people there, President Barack Obama’s deputy national security adviser Ben Rhodes said on Tuesday.
Rhodes told a conference that US leaders wanted to consult with Daw Aung San Suu Kyi about the issue. She is meeting with Obama at the White House today.
“The view of the government matters a lot to us,” he said, referring to sanctions policy.
The US sanctions that remain largely target military-run enterprises, or businessmen with close links to the former government. A ban on importing Myanmar jade and gemstones into the US also remains in place, as well as a ban on arms sales to Myanmar.
It was earlier reported on that the US Chamber of Commerce called for the American government to “normalise” relations fully and introduce preferable trade terms to encourage export-led industries in Myanmar.
The US business lobby will soon get a chance to express its wishes to Daw Aung San Suu Kyi in person, it has been learnt.
In collaboration with the US-Asean Business Council, the US Chamber of Commerce is hosting a roundtable discussion, reception and dinner with Daw Aung San Suu Kyi at the Four Seasons Hotel on Thursday during her visit to Washington DC.
To participate in the exclusive dinner, invitees have paid US$7,500, $15,000 and $25,000 for an “off-the-record” chance to speak with the State Counsellor and her entourage. The invitation describes the dinner as an opportunity to learn “how the US business community can best support Burma’s development.” Daw Aung San Suu Kyi will be in Washington DC to meet with President Obama, Vice President Joe Biden, members of the US Congress and various business leaders.— (From wire services)


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