End of Sanctions Likely to Boost Myanmar Economy
19 Sep 2016

The U.S. decision to lift trade sanctions against Myanmar has been welcomed by local economists and businessmen, who say it will remove a major constraint on international trade with the impoverished country and boost growth across its economy.

Political analysts and activists said the decision also puts a greater responsibility on the National League for Democracy (NLD) government to make sure “crony” businessmen improve their practices, which have often involved allegations of corruption, land grabs, illegal logging, and the drug trade.

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