New Burma Act Would Hinder US Investment In Myanmar

By Geoffrey Atkins, Karen Oddo, Brendan Hanifin and Ezra Geggel (December 4, 2017, 3:08 PM EST) -- In late October, a bipartisan coalition of lawmakers introduced legislation in both houses of Congress that would impose sanctions targeting certain members of Myanmar's military. The legislation was developed in response to alleged human rights violations committed against the Rohingya people, a minority group that predominantly lives in western Myanmar, at the hands of Burmese military leaders. If enacted, the Burma Act of 2017[1] would mark a pullback of the easing of U.S. sanctions policy against Myanmar; President Barack Obama formally terminated the United States' Burmese sanctions program just over one year ago, in October 2016. Because of the Burmese military's...

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