The United States said it is lifting sanctions on Myanmar , also known as Burma . It will allow American companies to do business in the Southeast Asian region . An export ban had been in place since 1997 . The country has enacted recent reforms , including the release of Aung San Suu Prison .
The United States announces it is easing sanctions on Myanmar , also known as Burma . It will allow American companies to conduct business in the Southeast Asian nation . An investment ban had been in place since 1997 . The country has enacted recent reforms , including the release of Aung San Suu Kyi .