|Ruby mining in Burma's Mogok Stone Track © Richard W. Hughes|
NAYPYITAW, Myanmar - Myanmar's reformist rulers are looking forward to an easing of European Union sanctions on Monday but celebrations will be muted over a political stalemate delaying Aung San Suu Kyi's historic parliamentary debut. The European Union is all but certain to become the first among Western powers to suspend in earnest sanctions that isolated Myanmar for two decades. The expected EU decision on sanctions would be a boon for Myanmar's tattered and long-stagnant economy and could prompt the United States and Canada to follow suit and pave the way for development loans and a flood of foreign investment in its trove of natural resources like oil, gas, timber and gemstones. read more..