US moves to restore Myanmar trade benefits

Washimgton, Sep 15 – US President Barack Obama on Wednesday announced his intent to restore trade benefits to Myanmar, the White House said.

In a letter to Congress, Obama said he intended to reinstate preferential treatment for Myanmar under the Generalized System of Preferences programme, a preferential tariff system.

The move came as Myanmar State Counselor Aung San Suu Kyi is visiting the US for the first time since her party won a sweeping victory in the general election last year.