US to Renew, but Tweak, Sanctions Against Myanmar
WASHINGTON (AP) — The U.S. business lobby says it is high time to drop the remaining U.S. sanctions on Myanmar, but human rights activists and U.S. lawmakers say not so fast.
Former political prisoner Aung San Suu Kyi is now running the government after winning elections. Still, the military continues to wield considerable power.
That poses a dilemma for President Barack Obama, who wants to encourage investment but not lose leverage to encourage further reforms. So next week, Obama is expected to renew sanctions for another year. The administration could take some state-run companies off a U.S. Treasury blacklist.
Secretary of State John Kerry will be traveling to Myanmar on May 22 to signal support for the civilian-led government that took power last month and for further democratic and economic reforms.
(Story by: Matthew Pennington, The Associated Press)