Mayanmar welcomes Obama's planned visit

He's making headlines around the world but here in Myanmar the focus is on U.S. President Barack Obama for more than just his re-election.

Obama will be the first U.S. leader to visit the country, giving a strong endorsement of its fragile democratic transition after half a century of military rule.

This businessman says it's good for the economy and for his country's standing in the international community.

The visit will give Obama a chance to meet Myanmar's President Thein Sein and opposition leader Aung San Suu Kyi, who spent years in detention under the military.

The trip comes despite recent sectarian violence in western Myanmar that's caused international concern.

Myanmar grew close to China during decades of isolation, reinforced by Western sanctions over its poor human rights record, but is now seeking to expand relations with the West.

Obama's tour of Southeast Asia later this month will also take in Thailand and Cambodia.