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US Govt. renews sanctions on Myanmar including ban on arms & gems trade; some restrictions loosened

In 1997, the US Government put in place restrictions on trade and investment by US entitites in Myanmar in view of large-scale repression of democratic opposition and threats to US foreign policy prevalent then. While these restrictions have been loosened especially since the introduction of reforms in 2012, a number of them continue to be in force. The latest renewal of sanctions was announced on 17 May 2016.

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