United States grants preferential market access to Myanmar

The United States reinstated Myanmar’s eligibility under the Generalized System of Preferences, including the special preferences granted to Least Developed Countries (LDCs). With the decision, which will become effective on 13 November 2016, Myanmar benefits from all LDC-specific preferential trading arrangements provided by developed and many developing countries.  Previously, Myanmar was excluded from receiving trade preferences in the United States for 27 years. The country can now export approximately 5,000 products to the United States duty-free.

Source:  https://ustr.gov/about-us/policy-offices/press-office/press-releases/2016/september/united-states-reinstates-trade