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Saturday, May 12, 2012

The EU and the US Easing Sanctions on Burma


 
 
 
 
 
 
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The United States and the European Union have said that it will follow and reward Burma’s democratic reforms, and they have been bargaining. As the new government led by President Thein Sein enacted in a series of democratic changes such as granting amnesty on some political prisoners and announcing greater press freedom, the United States, Australia, European Union including Norway, Britain have rewarded those reforms by lifting some long-standing sanctions against Burma.
During the 1990′s, the European Union and America imposed sanctions on Burma for its human rights abuses. Sanctions on Burma drove the country closer to its big superpower neighbor, China, and the Burmese government is looking forward to attract more foreign investors as analysts disclose the Burmese government’s growing exhaustion of China taking advantage of its resources. The videos show case the World Bank’s forum on Burma’s progress towards economic reforms discussing the removal of the sanctions and the humanitarian issues that still face the country.
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