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What’s Next for Business After U.S. Eases Sanctions on Myanmar

Posted: May 19th, 2016

The United States this week eased some sanctions against Myanmar to support political reforms in the country and try to open up opportunities for American businesses and investors, although most of the broader restrictions remain in place.

The U.S. removed seven state-owned enterprises and three state-owned banks from its blacklist, giving American companies and investors the ability to work with them on business ventures and engage in financial transactions. While the Treasury Department will maintain the bulk of its measures, the relaxing of several key economic sanctions took effect on Wednesday.

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