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Full Article Images of January Best photos of the year 2011 Follow Reuters Facebook Twitter RSS YouTube Read FBI warns of threat from anti-government extremists 06 Feb 2012 UPDATE 1-Chrysler spokesman Eastwood was critic of auto bailout 06 Feb 2012 DEA raids 2 CVS pharmacies in drug abuse probe 06 Feb 2012 Kids in Washington home blast suffered chop wounds 1:22am EST Super Bowl, Madonna set new TV audience records | 06 Feb 2012 Discussed 195 Job growth seen slowing after holiday boost 141 FBI warns of threat from anti-government extremists 98 Indiana poised to approve anti-union law Watched Jet engine bike passes test-fire trial ahead of speed record bid Mon, Feb 6 2012 Floating cities proposed as havens of future happiness Fri, Feb 3 2012 Deadly pitcher-plant inspires super slippery nano-surface Sun, Feb 5 2012 U.S. lifts restrictions to support IFIs work in Myanmar Tweet Share this Email Print Related News Myanmar's ambitious Dawei project faces uncertainty Fri, Feb 3 2012 Myanmar's Suu Kyi calls for changes to constitution Sun, Jan 29 2012 Myanmar shift to democracy not over, more reform ahead: minister Sat, Jan 28 2012 Iran slams EU oil embargo, warns could hit U.S. Mon, Jan 23 2012 Insight: Freed prisoners add momentum, risks to Myanmar reform Fri, Jan 20 2012 Analysis & Opinion Two cheers for Spanish banking reform A Van Winkle return to Davos and to real problems Related Topics World » Tue Feb 7, 2012 3:08am EST (Reuters) - The United States has eased some restrictions on Myanmar to support ongoing work by International Financial Institutions (IFIs) like the Asian Development Bank carrying out economic assessments and technical assistance to its new civilian government. The partial waiver was signed by Secretary of State Hillary Clinton on Sunday in the latest sign of a step-up in U.S. engagement with an impoverished country squeezed by Western sanctions and run for 49 years by military juntas until 10 months ago. The nominally civilian government has since overseen a series of surprise reforms that have thrust into the spotlight the issue of Western sanctions imposed on past regimes for their human right violations. The move in support of IFI involvement is seen as small but symbolic, a quid-pro-quo to acknowledge the reforms while still maintaining tight sanctions that were first introduced in 1988. Officials in Washington say the process of ending the embargoes on the former Burma would be complex and lengthy. "Assessments by international financial institutions will provide critical means to gain a greater understanding of Burma's economic situation, particularly its severe poverty alleviation needs and capacity gaps," the state department said in a statement. The International Monetary Fund and the Asian Development Bank (ADB) have been sending technical support teams to Myanmar in the past few months to compile assessments of the country's long-stagnant and murky economy and give advice on ways to unify its complex official and unofficial currency exchange systems. CLOSER TIES Those missions come as the government continues to introduce reforms not seen in decades. They include the release of more than 600 political prisoners in a series of amnesties since last May, ceasefire talks with ethnic rebel groups and the loosening of tight media censorship and bans on protests. Clinton welcomed the changes so far during a landmark visit in December and pledged to forge closer ties with Myanmar. Washington has since agreed to upgrade diplomatic relations by exchanging full ambassadors after a two-decade absence. It also comes after the European Union temporarily suspended travel bans on top government officials and the president. U.S. sanctions preclude U.S. aid and rule out financial help from IFIs such as the World Bank, in which the United States is a big shareholder and has veto rights. The World Bank and ADB ceased operations in the country in the mid-1980s and are still owed arrears, which have to be repaid before they can come back. Any aid would require the government to respect governance standards that have eluded its leaders for decades, including budget transparency. (Reporting by Martin Petty in Bangkok; Editing by Ed Lane) World 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. 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