Opening Up Myanmar To EU Investment

Law360, New York (April 30, 2012, 6:10 PM EDT) -- Following improving diplomatic relations between Europe and Burma/Myanmar, the EU Council has announced a one-year suspension of the EU economic sanctions against the former military state, with the exception of the arms embargo which remains in place. The measure follows Burma/Myanmar’s dramatic democratic reforms over the last year and the cessation of its direct military rule.

The decision to ease the sanctions against the regime was made during a meeting of EU foreign ministers in Luxembourg on April 23, 2012, and was published in the Council...
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