The Obama administration announced Thursday that it would ease restrictions on U.S. investment in Burma, its latest and furthest-reaching step to encourage reforms in the long-isolated country.
The policy change — announced after a meeting between Secretary of State Hillary Rodham Clinton and Burma's foreign minister, Wunna Maung Lwin — will include safeguards that prevent U.S. companies from doing business with individuals who have engaged in human rights abuses and firms tied to Burma's military.
