De Facto Sanctions

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Description: When the U.S government announced its plans to impose sanctions o?n Burma, opposition groups both inside the country and abroad hailed the decision. In April 1997 the US administration moved to outlaw new investments by American businesses in military-ruled Burma. But after almost a year some anti-sanctions critics in Rangoon are speaking out.
Creator/author: By FEER, IHT, BurmaNet
Source/publisher: "The Irrawaddy", Vol. 6. No. 2
1998-04-00
Date of entry/update: 2003-06-03
Grouping: Individual Documents
Language: English
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Description: It is hard to measure the direct economic impact of the U.S. investment ban. Apart from some natural gas ventures and a few high profile manufacturers, the country has not attracted many U.S. businesses. For o?ne thing, Burma?s consumers earn o?n average less than $300 per year and pay with a currency that is not easily convertible.
Creator/author: IHT
Source/publisher: "The Irrawaddy", Vol. 6. No. 2
1998-04-00
Date of entry/update: 2003-06-03
Grouping: Individual Documents
Language: English
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