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Sanctions Targeting Myanmar

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Further to our previous blog post, the EU has responded to the recent military coup in Myanmar with restrictive measures on eleven individuals. This adds to pre-existing restrictive measures that have been in place since April 2018, as detailed in our previous blog post. These measures included an embargo on arms and equipment that can be used for internal repression, an export ban of dual use goods for use by the military and border guard…

The EU is reportedly set to approve its first round of sanctions against officials responsible for the military coup in Myanmar on 22 March 2021. French Foreign Minister Jean-Yves Le Drian confirmed this was on the agenda at the next meeting of the EU Foreign Affairs Council whilst addressing the French Senate earlier this week. Whilst technical discussions are being finalised in Brussels, it is understood that the measures will target companies “generating revenue for,…

On February 10, 2021, President Biden issued Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (“EO 14014”), which provides for the imposition of sanctions on certain Burmese parties in response to the Burmese military’s coup against the democratically elected civilian government in Burma. In parallel with the issuance of EO 14014, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) designated thirteen parties on February 10, 2021 and two parties…

Following the designations announced last week (see our recent post), the UK has designated 5 further individuals under the Myanmar/Burma sanctions regime: Tin Aung SanMaung Maung KyawAung Lin DweMoe Myint TunYe Win Oo The UK has also updated the listing details for Min Aung Hlaing (previously designated, and remaining subject to asset freeze measures). In addition, the existing designation for Bi Sidi Souleman under the UK’s Central African Republic sanctions regime has also been amended.