May 23, 2016

For Myanmar, End to U.S. Penalties Still a Murky Goal

Khin Shwe, a businessman once known for his close ties to Myanmar’s former spy chief, said he tried hard to get off the U.S. blacklist of people who backed the country’s former military junta.

The construction and real-estate executive first met with U.S. officials in 2014 to frame his new outlook. His lawyers drafted petitions showcasing his corporate social-responsibility programs. He forged ties with Nobel laureate Aung San Suu Kyi and supported her party. And he submitted evidence that villagers removed from land he developed were adequately compensated.

But when the Obama administration last week further eased sanctions on Myanmar, Mr. Khin Shwe found himself still blacklisted. So were at least eight other Burmese businessmen who had petitioned the U.S. government, their lawyers said. (Courtesy of wsj.com)

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