But in recent years , the generals have relaxed their grip on power , permitting Thein Sein 's administration to push through a series of changes , including peace talks with rebel groups and the release of hundreds of political prisoners . The United States announces it is easing sanctions on Myanmar , also known as Burma . It will allow American companies to conduct business in the Southeast Asian nation . An investment ban had been in place since 1997 . - May 31 : A U.S. Navy destroyer collides with a Chinese oil tanker off China's coast near Hainan Island.
The United States announces it is easing sanctions on Myanmar , also known as Burma . It will allow American companies to conduct business in the Southeast Asian nation . An investment ban had been in place since 1997 . - May 31 : A U.S. Navy destroyer collides with a Chinese oil tanker off China's coast near Hainan Island.