World Bulletin/News Desk
Australia will lift its remaining financial and travel sanctions against Myanmar and double its aid in a move to encourage further democratic reform as the country tentatively emerges from decades of military rule, Foreign Minister Bob Carr said.
The lifting of economic sanctions, which follows a U.S. suspension of sanctions, will come into effect in coming weeks but Australia's arms embargo against Myanmar will remain in place, Carr said in a statement.
"Myanmar has made great strides over the past year, though there is more to be done," Carr said.
"The point has been reached where lifting sanctions is the best way to promote further progress," he said.
Carr met President Thein Sein and opposition leader Aung San Suu Kyi on Thursday during a visit to the former Burma.
Myanmar has been slowly putting in place democratic reforms that have attracted the interest of investors and persuaded Western governments to suspend or lift sanctions.
In April, Australia outlined its plan to ease sanctions and normalise bilateral trade relations in recognition of the reforms over the past year. Ruled by a military dictatorship for most of its contemporary history, Myanmar held parliamentary by-elections in April.
The United States announced the suspension of sanctions against Myanmar in May, allowing U.S. energy, mining and financial services companies to look for opportunities in an economy that had been run down by five decades of military rule.
Carr said President Thein Sein and Suu Kyi had also been invited to visit Australia and that Australia will more than double its annual aid to Myanmar, one of the poorest countries in the world, to A$100 million ($99 million) by 2015.
Ain Zalah's oil wells produce some 20,000 barrels of oil per day, an important source of revenue for ISIL
The Algerian Foreign Ministry said in a statement that the general consul died of illness in Mali
The United States penalized a number of Iranian and other foreign companies, banks and airlines for violating sanctions against Tehran largely tied to its nuclear work
Nine Lebanese soldiers held by the ISIL have appeared in a new video, appealing to their government to intervene and meet the demands of the group or they will be beheaded within three days.
IGAD leaders signed the protocol that stresses the need for both sides to iron out major sticking points – on the economic, political and security fronts – within 45 days.
In a phone conversation Abbas discussed with the Emir of Qatar the need for the international community to honor its commitments toward the residents of Gaza, the Palestinian news agency said
Cameron said he believed the "No" campaign's arguments were resonating with voters and accused the pro-independence camp of bullying opponents.
Shlosberg's local newspaper Pskovskaya Guberniya published the investigation into funerals of soldiers from a local paratroop division last week.
Ukrainian President Petro Poroshenko, condemning Russian intervention in his country, said that there were now thousands of foreign troops and hundreds of foreign tanks in Ukraine.
PM Sharif says opposition demands in line with constitution are being addressed as opposition appears to lose footing amid an alleged 'cold war' between government and army
Hadi re-assigned the presidential committee to head to Saada for another round with Abdul-Malik al-Houthi, the leader of the Shiite group, over the latter's demand of the dismissal of the government and reversal of a recent government decision to lift fuel subsidies is reversed.
Morsi's supporters who staged protests, marches and human chains in different parts across this country
Earlier this month, West Point residents woke up to find their township heavily barricaded with barbed wire and surrounded by security forces
Xi said the army must "strive to establish a new military doctrine, institutions, equipment systems, strategies and tactics and management modes" for information warfare.
Catherine Ashton, the EU's top diplomat, is expected to continue to lead nuclear negotiations with Iran even as she leaves her EU job at the end of October.
Political tensions have been running high in Lesotho since June when Prime Minister Thomas Thabane suspended the country's parliament to avoid a no-confidence vote