GE signs Myanmar deals after US eases sanctions

YANGON, Myanmar (AP) — Just days after the U.S. eased key sanctions on Myanmar, General Electric became the first American company to invest in the former pariah state, signing deals Saturday to provide medical equipment to a pair of hospitals in the country’s biggest city.

Myanmar President Thein Sein held talks on Friday with U.S. Secretary of State Hillary Rodham Clinton, who declared the country open to American investment. The meeting in Cambodia was attended by some of the largest U.S. corporations.