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1st Ld: U.S. moves to restore trade benefits to Myanmar

Xinhua, September 15, 2016 Adjust font size:

U.S. 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 (GSP) program, a preferential tariff system.

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