Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Aerospace & Defense
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Campaign Polling
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Anatole Kaletsky
Edward Hadas
Hugo Dixon
Ian Bremmer
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Frederick Kempe
Christopher Papagianis
Mark Leonard
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Lipper Awards 2012
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Olympics
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Full Focus
Photos of the week
A look at our top images of the past week. See more
Images of June
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Cautious consumers, foreign trade curb second quarter growth
27 Jul 2012
JPMorgan creates more management checks and balances
27 Jul 2012
Turkey urges steps as shelling of Aleppo continues
|
27 Jul 2012
Beethoven was Olympian too, conductor Barenboim says
27 Jul 2012
Obama signs Israel security bill ahead of Romney visit
27 Jul 2012
Discussed
247
Mexico urges U.S. to review gun laws after Colorado shooting
105
Penn State hit with $60 million fine, other penalties for Sandusky scandal
94
Obama attacks on taxes and Bain hit Romney ratings
Watched
London Olympics kicks off with fireworks
Fri, Jul 27 2012
Olympic Games underway in London
12:35am EDT
Syrian helicopter shot down near Damascus
Fri, Jul 27 2012
Sponsored Links
Pictures
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
London's opening
Highlights from the Opening Ceremony of the London 2012 Olympic Games. Slideshow
The Olympic Village
Where the athletes will live during the London Olympics. Slideshow
U.S. lets Myanmar import ban expire, at least temporarily
Tweet
Share this
Email
Print
Related News
UPDATE 4-U.S. House panel approves bill to upgrade Russia trade ties
Thu, Jul 26 2012
Senate panel okays renewal of Africa clothing trade benefit
Wed, Jul 18 2012
U.S. to demand disclosures as it eases Myanmar sanctions
Wed, Jul 11 2012
Related Topics
World »
Myanmar »
WASHINGTON |
Fri Jul 27, 2012 7:27pm EDT
WASHINGTON (Reuters) - A U.S. ban on imports from Myanmar expired on Thursday, at least temporarily, because of a clash between lawmakers over funding for an African trade measure.
The two issues are tied together in a bill that has the backing of the Obama administration and that lawmakers hope to pass before their month long August recess.
The White House has eased some sanctions on Myanmar, also known by its colonial name of Burma, in response to economic and political reforms. It does not favor lifting the import ban yet.
Senate Republican Leader Mitch McConnell proposed separating the two measures so the ban on imports from Myanmar could be renewed.
But Senate Finance Committee Chairman Max Baucus, a Democrat, objected on the grounds that it would jeopardize approval of the African trade measure, which he said was vital to clothing industry jobs on the continent.
He rejected McConnell's charge that Democrats were turning renewal of sanctions on Myanmar "into a partisan issue" after years of strong support from both parties.
Baucus said he hoped to worked with Senator Tom Coburn, an Oklahoma Republican, in coming days to address his concerns about funding for the African trade provision.
The African Growth and Opportunity Act, first passed by Congress in 2000, allows eligible countries in sub-Saharan Africa to ship thousands of goods to the United States without paying import duties.
A provision that expires September 30 waives duties on clothing from most African Growth and Opportunity Act countries, even if the yarn or fabric is made in a "third country" like China, South Korea or Vietnam.
Coburn has objected to the use of U.S. Customs Service user fees spread out over 10 years to pay for the $200 million cost of the trade bill.
Those are the types of provisions that have created a huge mountain of U.S. government debt, he said.
(Reporting by Doug Palmer and Richard Cowan; Editing by Stacey Joyce)
(This story was corrected in the first paragraph to make clear that the import ban expired on Thursday, not September)
World
Myanmar
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
AdChoices
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.