Australia increases aid and lifts sanctions against on Myanmar
The Foreign Minister of Australia Bob Carr disclosed that the existing travel and financial sanctions imposed in Myanmar will be finally lifted. He said the government will even extend additional aid to enhance the government of Myanmar in their bid to provide and strengthen more reforms. The sanctions will take effect few weeks from now [...]
The European Union has decided to suspend sanctions imposed against Myanmar for a one year time range. This is in response to the reforms implemented while acknowledging all the positive feedbacks from the recent by-election even if democratic leader Aung San Suu Kyi expressed disappointment and feel frustrated regarding the oath of office wordings. The [...]
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Groups of ethnic minorities expressed their disapproval on the lifting of various sanctions in Myanmar since the army is continuously in conflict with them, warfare and hostilities are rampant and no peace were attained in those areas. They made known of their feelings of fear since the Western Union, U.S. and other nations have revealed [...]
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Diplomats of European nations said that the various sanctions imposed in Myanmar will be suspended one year for the time-being by the governments of European Union in acknowledgement and recognition of the government’s effort in implementing different reforms particular in economic and political transformation. Western Union representatives have agreed on this matter last Wednesday and [...]
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The expected flowing in of business investments are great opportunities for Myanmar to manage and administer since this will help improve its economy once sanctions are lifted. The development in its economy is expected to reach 6% this fiscal year and by 2013-2014 it could rise up by 6.3% and can attain much higher level, [...]
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Another country is set to relieve sanctions in Myanmar when it comes to travel bans imposed on their government officials and other lawmakers. The recorded number of travel restrictions is from 392 and it will automatically decrease by 120. They are also considering investing business opportunities this time around. They were determined to ease sanctions [...]
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Despite various reported signs of threats, pressure and election violations during the campaign trails of Suu Kyi and her party the National League of Democracy, they still emerged as winners in the recent concluded April by-elections. It has occupied 43 seats out of the 44 vied in the parliament. The mere fact that they composed [...]
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Myanmar is all set to feel sober seeing that Western countries are possibly lifting the restrictions imposed on them and this was influenced by the outstanding performance of the recent by-elections and the extensive implementation and realization of various reforms and the great policy change of Great Britain. As British Prime Minister David Cameron stated, [...]
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Myanmar democratic icon Aung San Suu Kyi who has successfully entered in the parliament this recent election is likely to convince and encourage the Western Union and United States to lift sanctions imposed in the country. However, even if the opposition candidates swept victoriously in Sunday’s by-elections, the government and its cronies is decisively in [...]
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Right after opposition leader highlighted a landslide triumph from the weekend by-elections in the country, a spokeswoman of European Union hinted on Monday that EU could possibly be further eased its sanctions on Myanmar. Myanmar authorities have been banned for travelling to EU nations and EU foreign ministers are set to review on April 23, [...]
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