The Canadian government announced earlier this week that it is easing some of the sanctions against Burma (found in the 2007 Special Economic Measures (Burma) Regulations) in response to reforms occurring within the country. Components of the sanctions regime that were repealed include provisions prohibiting importing from and exporting into the country, as well as the prohibitions against investing in property situated in Burma. The sanctions still preclude, however, business dealings with prohibited persons and transactions involving arms and related material. Burma has also been removed from the Area Control List, which will permit the export of goods and technology found in the Export Control List without an export permit.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.