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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 ...
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 ...
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Azza Air Transport, former Cargo airline, in the SDN List. The Specially Designated Nationals and Blocked Persons List, also known as the SDN List, is a United States government sanctions/embargo measure targeting U.S.-designated terrorists, officials and beneficiaries of certain authoritarian regimes, and international criminals (e.g. drug traffickers).
International efforts to isolate Myanmar's ruling junta appear to have dented its ability to purchase new military equipment from overseas, but the military is still able to access money and ...
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]
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 ...