President Barack Obama said on Wednesday that the US is lifting economic sanctions and restoring trade benefits to former pariah state Myanmar as he met with Aung San Suu Kyi, a former political prisoner who is now the nation's de facto leader.
•    The US has eased broad economic sanctions since political reforms began five years ago but has retained more targeted restrictions on military-owned companies and dozens of officials and associates of the former ruling junta. 
•    US companies and banks have remained leery of involvement in one of Asia's last untapped markets.
•    Suu Kyi concurred it was time to remove all the sanctions that she said had hurt the country economically as it was now in a position to open up to investment. 
•    She said she wants Americans to come to the country and "to make profits."
•    The change in policy will not remove all economic sanctions. 
•    Penalties intended to block the drug trade and to bar military trade with North Korea would still apply, as would a visa ban barring some former and current members of the military from traveling to the US.