United States lifts economic sanctions on Myanmar

obama United StatesUnited States President Barack Obama has issued an executive order to lift economic sanctions on Myanmar. The move came on Friday after Obama’s announcement that the US was ready to lift sanctions on the Asian country during Myanmar State Counsellor Aung San Suu Kyi’s visit to Washington last month, Xinhua news agency reported.

The Treasury Department said that as a result of Obama’s announcement, the economic and financial sanctions administered by the Department of the Treasury’s Office of Foreign Assets Control were no longer in effect.

Barack Hussein Obama II  is an American politician who is the 44th and current President of the United States. He is the first African American to hold the office and the first president born outside the continental United States. Born in Honolulu, Hawaii, Obama is a graduate of Columbia University and Harvard Law School, where he was president of the Harvard Law Review. He was a community organiser in Chicago before earning his law degree. He worked as a civil rights attorney and taught constitutional law at the University of Chicago Law School between 1992 and 2004. While serving three terms representing the 13th District in the Illinois Senate from 1997 to 2004, he ran unsuccessfully in the Democratic primary for the United States House of Representatives in 2000 against incumbent Bobby Rush.

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