Financial doors open in Myanmar as Obama ends sanctions
President Obama officially ended sanctions against Myanmar in a move that should catalyse financial system liberation.
US President Barack Obama signed an executive order to remove statutory blocking and financial sanctions on Myanmar on October 7, with the news standing as a “testament” to the changes Myanmar has experienced in recent years, according to a US Department of The Treasury press release. MNCs interested in, or already in, Myanmar should watch this space, commentators told CT.
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