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The U.S. Treasury Department announced Wednesday it was imposing the sanctions on Myanmar’s Defense Ministry and two state-owned banks, the Myanma Foreign Trade Bank and the Myanma Investment ...
U.S. President Joe Biden, facing his first major international crisis after Myanmar's military seized power, could impose a new program of sanctions, cut aid or target generals and the companies ...
On October 31, 2023, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on Myanmar's state-owned Myanma Oil and Gas Enterprise (MOGE), responsible for oil and gas extraction, production, and distribution, and generating significant revenue for the military regime. The sanction also targeted the ...
The US government banned all imports from Burma as part of the "Burmese Freedom and Democracy Act" of 2003. Sanctions have been criticised for their adverse effects on the civilian population. However, Burmese democracy movement leader Aung San Suu Kyi has repeatedly credited sanctions for putting pressure on the ruling military regime. [12] [13]
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WASHINGTON (Reuters) -The United States on Wednesday slapped further sanctions on Myanmar, marking the three-year anniversary of the coup as Washington targeted two entities and several people it ...
Min Aung Hlaing is the first Defence Services Academy (DSA) graduate in Myanmar to lead a military coup as well as the first DSA graduate to become Commander-in-Chief of Defence Services. [8] Min Aung Hlaing has been a prominent figure in Myanmar's political and military trajectory over the last decade.
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