Washington’s new ambassador to Myanmar on Tuesday said remaining sanctions had taken an “unintended” toll on the nation’s delicate economic development, as the US re-evaluates its embargoes on the former pariah State.
Myanmar’s stunning transition from decades of repressive junta rule to a civilian-led Government steered by Aung San Suu Kyi and her pro-democracy party was accompanied by the lifting of most Western embargoes.
The United States rolled back many of its sanctions to reward reforms since 2011, but kept a clutch of blacklists targeting junta-era cronies and their sprawling business interests as it seeks to push further changes.