The Council Of European Union said that it lifted certain restrictive measures against that on Burma/Myanmar, following the remarkable programme of political reform undertaken by the country. This marks a first step in the EU's response to developments in Burma/Myanmar.
The Council said that it suspended admission restrictions concerning 87 persons, comprised of the president, the vice presidents, cabinet members and the speakers of the two houses of parliament and their family members. Those individuals remain subject to a freeze of theirassets within the EU.
The Council noted that today's decision gives legal effect to the Council conclusions of 23 January and does not alter the remainder of the EU's restrictive measures. A review of all EU restrictive measures on Burma is ongoing, given that they are due to expire on 30 April 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.