Obama orders US economic sanctions on Myanmar lifted
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US President Barack Obama on Friday lifted US economic sanctions on the former pariah state of Myanmar, the culmination of years of rapprochement that Obama has worked to facilitate.
The Southeast Asian nation, also known as Burma, has pursued political reforms over the last five years following decades of oppressive military rule.
Obama had announced plans to lift the sanctions last month, when Myanmar's new civilian leader, Nobel Peace Prize laureate Aung San Suu Kyi, visited the Oval Office. Suu Kyi concurred it was time to remove all the sanctions that had hurt the economy and urged Americans to come to the country and "to make profits."
