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US Says Myanmar Sanctions Unaffected by SEAsian
Trade Pact
KUALA LUMPUR, Aug 24, 2006 (AFP) - The United
States said Thursday that its sanctions against Myanmar were
unaffected by a trade pact to be signed with the military-run
country as part of the Southeast Asian bloc. The US and the
Association of Southeast Asian Nations (ASEAN) will on Friday ink a
Trade and Investment Framework Arrangement (TIFA) which is seen as a
precursor to a full free-trade pact between the two sides. However,
US Trade Representative Susan Schwab said that in a "practical and
ethnical sense" the situation would be resolved by the fact that the
US does not and will not trade with Myanmar. "The TIFA creates
building blocks and those building blocks will affect countries with
which we have trade, they aren't going to affect a country with
which we don't have trade," she said. "Obviously the United States
has great concerns over the situation with Burma (Myanmar) and the
regime in Burma," she said but signalled it would not sacrifice its
relationship with ASEAN over the issue. "When you think of the
volume and the value of trade between ASEAN countries and the United
States, and foreign direct investment, we are very much a part of
this region and we intend to stay with it." "We also have great
faith that other systems and other structures in ASEAN will be able
to show (Myanmar) there is a better way." ASEAN's secretary-general
Ong Keng Yong has said that all 10 members of the grouping will sign
the trade pact with the US. "The United States recognises ASEAN as a
group that includes Myanmar," he said, adding that the pact
demonstrates the United States' commitment to strengthening economic
relations with Southeast Asia. Washington has urged Myanmar's
Southeast Asian neighbours to exert more pressure on the regime, to
encourage it to introduce democratic reforms and release detained
opposition leader Aung San Suu Kyi. The United States halted new
investments to Myanmar in 1997 and imposed bans on financial
transactions and imports in 2003. Visa restrictions on officials
from the military junta and affiliated groups have also been
implemented. ASEAN groups Brunei, Cambodia, Indonesia, Laos,
Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
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