U.S. temporarily lifts trade restrictions on Myanmar shipping hubs

The United States is temporarily easing trade restrictions on Myanmar by allowing all shipments to go through its ports and airports for six months, an effort to boost the Southeast Asian country’s opposition party after its landmark election win in November, U.S. officials said on Monday. The policy change, coming after Aung San Suu Kyi’s […]

Sanctions fears choke nascent U.S. trade with Myanmar via Asia World Port

Western banks are cutting trade finance in Myanmar after learning that part of the country’s main port is controlled by a man blacklisted by Washington, threatening to stop nascent U.S. economic ties with the Southeast Asian nation in their tracks. U.S. shipments to Myanmar have slowed to a crawl in recent months, after several banks […]

US Govt Delegation Visits Myanmar, Discusses Sanctions

A joint delegation from the US state and treasury departments concluded on Friday a visit to Burma, where they met with American companies and reviewed the impact of easing US sanctions over the past year. The delegation considered possible future changes to the US government’s Specially Designated Nationals List of individuals, groups and entities subject […]