Today marks the beginning of a new chapter in the relationship between the United States and Myanmar. Since I announced a new U.S. opening toMyanmar in November, President Thein Sein, Aung San Suu Kyi and the people of Myanmar have made significant progress along the path to democracy. The United States has pledged to respond to positive developments in Myanmar and to clearly demonstrate America's commitment to the future of an extraordinary country, a courageous people, and universal values. That is what we are doing.
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| Obama | 
Today, I am nominating our first  U.S. Ambassador to Myanmar in 22 years,  Derek Mitchell, whose work has  been instrumental in bringing about this  new phase in our bilateral  relationship. We also are announcing that the  United States will ease  its bans on the exportation of financial  services and new investment in Myanmar.  Opening up greater economic  engagement between our two  countries is critical to supporting reformers  in government and civil  society, facilitating broad-based economic  development, and bringing Myanmar out of isolation and into the  international community.
Of course, there is far more to be  done. The United States remains  concerned about Myanmar’s closed  political system, its treatment of  minorities and detention of  political prisoners, and its relationship  with North Korea. We will  work to establish a framework for responsible  investment from the  United States that encourages transparency and  oversight, and helps  ensure that those who abuse human rights, engage in  corruption,  interfere with the peace process, or obstruct the reform  process do not  benefit from increased engagement with the United  States.  We will  also continue to press for those who commit serious  violations of human  rights to be held accountable. We are also  maintaining our current  authorities to help ensure further reform and to  retain the ability to  reinstate selected sanctions if there is  backsliding.
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| Barack Obama and His Family | 
Americans for decades have stood with the Myanmar people in their   struggle to realize the full promise of their extraordinary country. In   recent months, we have been inspired by the economic and political   reforms that have taken place, Secretary Clinton’s historic trip to   Naypyidaw and Yangon, the parliamentary elections, and the sight of   Aung San Suu Kyi being sworn into office after years of struggle. As an   iron fist has unclenched in Myanmar, we have extended our hand, and are   entering a new phase in our engagement on behalf of a  more democratic   and prosperous future for the Myanmar people. 



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