President Obama lifts Myanmar trade sanctions

  • 7 October 2016

President Barack Obama has formally eased long-standing sanctions on Myanmar.

Mr Obama issued the executive order weeks after meeting Myanmar’s de facto leader, Aung San Suu Kyi.

Myanmar’s access to trade benefits for poorer nations was suspended in 1989 over human rights abuses.

But the White House said substantial advances to promote democracy meant that it was no longer a threat to America’s national security.

Correspondents say the move is designed to coax the rapidly transforming South East Asian country from decades of economic isolation as Ms Suu Kyi’s government manages the difficult transition to democracy in Myanmar, also known as Burma.

“While Burma faces significant challenges, including the consolidation of its democracy, the United States can, and intends to, use other means to support the government and people of Burma in their efforts to address these challenges,” Mr Obama wrote in a letter to the US House and Senate speakers.

Image copyright EPA
Image caption Sanctions were put in place during the rule of the oppressive military junta

However, while many companies will now enjoy lower tariffs, there are some sanctions which remain in place.

A “blacklist” of at least 100 companies and individuals with links to the former military junta has been scrapped, although a few individuals will remain sanctioned.

Myanmar was run by an oppressive military junta from 1962 to 2011.

Ms Suu Kyi, who as opposition leader was kept under house arrest for 15 years, led her National League for Democracy party to victory in Myanmar’s first openly contested election for decades in November 2015.

Trump: ‘Zero chance I’ll quit’

New York (CNN)Donald Trump on Saturday vowed to “never” drop out of the presidential race as a growing chorus of Republicans urged him to do exactly that after sexually aggressive remarks he made in 2005 surfaced a day earlier.

Late in the afternoon — part of which Trump spent preparing for Sunday’s crucial debate with Hillary Clinton — the GOP nominee emerged from the front entrance of Trump Tower in Manhattan.
He shook several hands, pumped his fist in the air and waved to a crowd of supporters who had stood out in the rain before heading back inside after a couple minutes.
Asked if he planned to stay in the race, Trump answered simply: “100%.”
But meanwhile, Trump’s campaign appeared to be deteriorating around him.
His own running mate, Indiana Gov. Mike Pence, said he was “offended” by Trump’s remarks and canceled plans to represent him at a political event on Saturday.
The third-most powerful Senate Republican, John Thune, a member of Senate Majority Leader Mitch McConnell’s inner circle, called on Trump to “withdraw” and let Pence top the Republican ticket. Arizona Sen. John McCain, the party’s 2008 nominee, announced he won’t vote for Trump.
Vice President Joe Biden condemned Trump on Twitter: “The words are demeaning. Such behavior is an abuse of power. It’s not lewd. It’s sexual assault.”

The comments suggested that Trump was eager to fully turn away from the lewd and sexually aggressive terms he used to describe women in the 2005 conversation and instead pivot toward his political opponents, whoever they may be.

About kai

Kai has written 1045 post in this Website..

Editor - The Myanmar Gazette || First Amendment – Religion and Expression - Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.