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TURNAROUND U.S. Eases Burma Restrictions Saul Loeb / AP Photo

U.S. Eases Burma Restrictions

The White House will ease the ban on trading and other investments with Burma, as well as name the first U.S. ambassador in 20 years. These steps mark the first significant trading between the U.S. and Burma in decades, and it comes just a few weeks after dissident Aung San Suu Kyi took office—signaling a major step forward in the country’s harsh military rule. Administration officials said Obama’s order would allow the legal authority to impose sanctions but will allow American corporations to make broader investments in Burma.

May 17, 2012 1:43 PM