Myanmar: MySQUAR says lifting of US sanctions against Myanmar to boost trade
10 Oct 2016

MySQUAR said its financial outlook has improved after the US formally ended its sanctions against Myanmar on Friday.
The Myanmar-language social media, entertainment and payments platform noted that the US has ended a declared “National Emergency” categorisation which had been in place since 1997, resulting in sanctions which were increased by a subsequent executive order in 2007.

Chief executive officer Eric Schaer said the lifting of the sanctions goes even further than the company had hoped.

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