Exclusive - U.S. to renew most Myanmar sanctions with changes to aid business


  • World
  • Saturday, 14 May 2016

A general view of the city is seen in Yangon, September 6, 2013. REUTERS/Soe Zeya Tun

WASHINGTON (Reuters) - The United States plans to renew the bulk of its sanctions against Myanmar when they expire next week, but will make some changes aimed at boosting investment and trade, according to several senior U.S. officials and congressional aides.

An announcement on extending much of the International Emergency Economic Powers Act, or IEEPA, could come as soon as Tuesday ahead of a visit to the Southeast Asian nation by Secretary of State John Kerry on May 22, officials said.

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