The US will continue sanctions on some sectors of Myanmar based on the country's democracy development, visiting US Secretary of State John Kerry said on Sunday in a joint press conference with his Myanmar counterpart Aung San Suu Kyi.
He said the US has eased some sanctions on Myanmar recently to mark its support for the new government. However, sanctions are to be maintained on some sectors as "some persons' undertakings need to be changed", Xinhua news agency reported.
Expressing willingness to help Myanmar in democracy and foreign investment, the US official said in 2012, the US government has funded over $12 million to the civil society organisations for the sake of peace and national reconciliation.
At the press conference, Aung San Suu Kyi reiterated that Myanmar does not fear US sanctions which was imposed previously under certain status, believing that these sanctions would one day be totally lifted in the future.
--IANS
py/dg
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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