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US Eases Sanction on Burma Amid Reform |
| Source: |
BBC.co.uk |
| Source Date: |
Tuesday, February 07, 2012 |
| Focus: |
M-banking, M-trade, M-finance
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| Country: |
Myanmar |
| Created: |
Feb 07, 2012 |
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The partial waiver, signed on Monday, will allow Burma to receive limited technical assistance from international financial institutions.
The move came on the same day that the Elections Commission affirmed pro-democracy leader Aung San Suu Kyi's candidacy to run in a by-election.
She is seeking a parliamentary seat in the 1 April polls.
According to the US State Department, US Secretary of State Hilary Clinton signed a partial waiver of restrictions under the Trafficking Victims Protection Act "in response to encouraging reforms under way in that country".
This would allow institutions like the World Bank and the International Monetary Fund to conduct assessment missions in the country.
Other US sanctions against Burma, however, remain in place.
Ms Suu Kyi - a Nobel Peace laureate who spent years under house arrest - is seeking office in the rural township of Kawhmu, southwest of Rangoon.
"There is no objection to her nomination and we can say that her candidacy is officially accepted,'' said Nyan Win, a spokesman for Ms Suu Kyi's National League for Democracy (NLD) party, as quoted by the Associated Press news agency.
The NLD is contesting all available parliamentary seats in the upcoming by-elections.
According to UN Human Rights Rapporteur Tomas Ojea Quintana, the polls will be a key test of the military-backed government's commitment to reform. Mr Quintana was in Burma for a six-day mission last week.
The NLD boycotted the elections in November 2010 that saw a military junta replaced with a military-backed nominally civilian government.
Since then the new administration has embarked down a road of reform, leading the NLD to rejoin the political process.
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