Myanmar anticipates total lift of EU sanctions

Image
IANS Yangon
Last Updated : Apr 21 2013 | 5:05 PM IST

Yangon, April 21 (IANS) Foreign ministers of the European Union are to meet in Luxembourg Monday to decide on withdrawing all sanctions against Myanmar, exactly a year after the grouping announced suspension of most sanctions for a year except the arms embargo.

EU's expected total lifting of all sanctions against Myanmar in recognition of its significant reform process would boost EU's investment in the country and further promote Myanmar-EU relations, reports Xinhua.

In March, Myanmar President U Thein Sein paid an 11-day goodwill visit to Norway, Finland, Austria, Belgium and Italy. The milestone trip has brought about enhancement of bilateral ties with EU countries.

He proposed further cooperation for political reform, peace building, economic reform and environmental conservation.

Relations between Myanmar and the EU improved following the visit of European Commission President Jose Manuel Barroso.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 21 2013 | 4:54 PM IST

Next Story