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Slideshow Facing eviction Families in Spain face the threat of eviction after failing to pay their mortgages. Slideshow Sponsored Links U.S. eases import ban on Myanmar ahead of Obama trip Tweet Share this Email Print Related News Special Report: Myanmar military's next campaign: shoring up power Thu, Nov 15 2012 Myanmar frees prisoners, doubts over political detainees Thu, Nov 15 2012 Strong quake in central Myanmar kills at least six Sun, Nov 11 2012 Obama to make landmark visit to Myanmar this month Fri, Nov 9 2012 Obama's Myanmar trip "no threat to Chinese interests" Fri, Nov 9 2012 Analysis & Opinion O-Burma trip rewards reformists for job half done It’s the (lack of) unity, stupid! Related Topics World » Myanmar » WASHINGTON | Fri Nov 16, 2012 3:53pm EST WASHINGTON (Reuters) - 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 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 America's rapprochement with the fast-reforming country, and could give a political boost to the former general now leading changes in Myanmar, also known as Burma. "Today's joint actions ... are intended to support the Burmese government's ongoing reform efforts and to encourage further change," the U.S. Treasury and State departments said in a joint statement on Friday. Obama plans to arrive in Myanmar on Monday. White House officials said this week he will press the country's leaders to restore calm to the western part of their country and bring instigators of ethnic violence there to justice. Some human rights groups have opposed the trip. Obama aides have said it could help lock in political reforms and encourage more, while serving as an example to countries such as North Korea that the United States would engage with former foes if they reform. On Friday, the U.S. government issued a waiver and general license to ease the ban on most goods, although it will not cover jadeite and ruby imports. U.S. officials said the Myanmar government had asked for looser restrictions in order to help their country integrate into the global economy. Ending the U.S. import ban would provide a badly needed economic boost in Myanmar, which suffers from a roughly 25 percent unemployment rate. The United States imported $356.4 million of clothing and other goods from Myanmar in 2002, the last full year before the import ban was imposed. Imports fell to $275.7 million in 2003 and have been zero in most years since then. U.S. companies are allowed to export to Myanmar and last year shipments increased about fivefold to $48 million. Those figures pale in comparison to two-way U.S. trade with Myanmar's neighbor Thailand, which was nearly $36 billion in 2011. (Reporting by Anna Yukhananov and Jason Lange; Editing by Jackie Frank and Bill Trott) World Myanmar Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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