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In 1989, the military junta changed the country's name from Burma to Myanmar alongside many other English names like that of Yangon/Rangoon. The United States remains one of a few countries to still do not recognize the 1989 changes arguing that the name change was made without the consent of the people by an illegitimate government. [ 20 ]
The French oil company TotalEnergies is able to operate the Yadana natural gas pipeline from Myanmar to Thailand despite the European Union's sanctions on Myanmar. TotalEnergies is currently the subject of a lawsuit in French and Belgian courts for the condoning and use of Burman civilian slavery to construct the named pipeline.
Dozens of Myanmar civil society groups wrote to the departments of State and the Treasury on Monday calling for the U.S. to block the state-owned Myanma Economic Bank from using the dollar-based ...
The United States, the United Kingdom, Canada, and the European Union have, in response to the ongoing violence, sanctioned individuals and organisations associated with the Burmese military. [ 68 ] [ 69 ] However, the effectiveness of these sanctions has been undermined by poor coordination among the governments and the lack of sanctions ...
Myanmar has been plunged in turmoil since the military seized power from an elected government in a 2021 coup, which sparked financial sanctions imposed on the military, banks and other associated ...
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 ...
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]
Sanctions experts told the Herald that traders are taking a huge risk if they are importing teak from Myanmar post-sanctions, regardless of when the order was placed and how it was stored and ...