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U.S. eases financial sanctions on Myanmar


08:39, April 18, 2012

WASHINGTON, April 17 (Xinhua) -- The U.S. Treasury Department announced on Tuesday that it will ease the financial sanctions on Myanmar in order to allow the American non-governmental organizations (NGOs) to operate in the country.

The U.S. government will drop financial sanctions on Americans whose activities are aimed at meeting basic human needs and promoting democracy in the Southeast Asian country, according to Treasury Department's Office of Foreign Assets Control.

To be specific, the activities exempted from sanctions, which are typically carried out by the NGOs, include health, education, good governance and certain non-commercial development initiatives, said the department.

"These were our action for action, if you will, in response to what we viewed as very positive parliamentary elections," State Department spokesman Mark Toner said in his comment on the announcement.

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