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US Eases Sanctions on Myanmar

The United States said on Friday it will allow imports from Myanmar for the first time in nearly a decade, a move that could boost the struggling economy in the former pariah state.

The announcement came just a day before President Barack Obama departs on a trip to Asia that will include a historic stop in the resource-rich country.

The easing of trade restrictions marks another step in the improvement of relations between the two countries and could give a political boost to the former general now leading changes in Myanmar, also known as Burma.

Source: Reuters. Read full article. (link)

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