US Secretary of State Hillary Rodham Clinton told Myanmar Opposition leader Aung San Suu Kyi that the United States is keeping its sanctions authorities in place on the South East Asian country "as an insurance policy."
Clinton conveyed this to the democracy icon when she called her Sunday night to review developments in Myanmar and to discuss the recent U.S. decision regarding sanctions, the U.S. State Department said.
They talked about the need for specific steps to promote responsible, transparent investment, empower reformers, and target abusers. They agreed that the important progress of the past several months remains fragile and that the international community needs to help protect against backsliding.
They also discussed the urgent need for progress in resolving the ethnic conflicts and ending human rights abuses in the ethnic areas. Clinton and Suu Kyi agreed to remain in close touch.
The United States last week lifted a ban imposed on American investment in Myanmar.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.