Myanmar Benefits Will Allow for Duty-Free Exports to United States: Official

US President Barack Obama greets Myanmar's State Counsellor Aung San Suu Kyi during the Asean-US Summit in Vientiane, Laos September 8, 2016. (Reuters Photo/Jorge Silva)

By : Roberta Rampton | on 4:00 AM September 15, 2016
Category : International, Asia-Pacific

Washington. Myanmar will be able to export about 5,000 products to the United States duty-free under a new designation under the Generalized System of Preferences trade preferences program, a US official said on Wednesday (14/09).

The change, set to take effect on Nov. 13, will help the Myanmar government create jobs and reduce poverty in a country where per capita income is estimated at $1,280, the official said.

The designation came as Myanmar's leader Aung San Suu Kyi met President Barack Obama at the White House on Wednesday.

 
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