Earlier this week, the Administration took steps to support private sector interest in Burma and help the new democratically-elected government.
Specifically, the Administration took sanctions steps intended to support investment and trade with Burma. These steps facilitate the movement of goods within Burma; allow certain incidental transactions related to U.S. individuals residing there; and allow most transactions involving designated financial institutions in Burma.
The sanctions changes are calibrated to maintain pressure on the military and other targeted persons, and to encourage additional democratic reforms.
It’s important that Burma reaps the rewards for its progress. After all, the goal of sanctions is to change behavior, not to punish. That’s why it is critical that we follow through on our commitments to provide sanctions relief when change occurs. After all, sanctions won’t succeed in promoting change if there’s no light at the end of the tunnel. (Courtesy of blogs.state.gov)
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