VIDEO: U.S. takes tentative steps to ease sanctions on Myanmar

The Takeaway

Myanmar's pro-democracy leader Aung San Suu Kyi makes her way trough the crowd as she arrives at the office of her National League for Democracy in Yangon April 2, 2012. Aung San Suu Kyi won a seat in parliament on Sunday after an historic election t

Myanmar's government will be rewarded for last weekend's seemingly trouble-free elections. U.S. Secretary of State Hillary Clinton announced Wednesday that U.S. sanctions against the country will be gradually lifted.

"We fully recognize and embrace the progress that has taken place and we will continue our policy of engagement," Clinton said to the median, according to the U.K.'s Guardian newspaper. 

According to the Guardian, the U.S. will move to name an ambassador to Myanmar, also known as Burma, setup an office of the U.S. Agency for International Development, and support U.N. development programs planned for the country. Other steps weren't outlined, but Clinton said the U.S. is committed to "beginning the process of a targeted easing of our ban on the export of US financial services and investment as part of a broader effort to help accelerate economic modernisation and political reform," the Guardian said.

US to Relax Myanmar Sanctions
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