US Opens Door to Oil and Gas Investment in Myanmar

摘要

The Obama administration said on Wednesday that it is relaxing economic sanctions against Myanmar and will allow US companies to operate there. The move appears to open the door to oil and gas investment in the southeast Asian country. “Today, the United States is easing restrictions to allow US companies to responsibly do business in Burma,” the White House said in a statement, which used the country’s alternative name. “Easing sanctions is a strong signal of our support for reform, and will provide immediate incentives for reformers and significant benefits to the people of Burma.”