US Government Imposes Sanctions Against Burma

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 on February 22, 2021 connected to the military apparatus responsible for the coup.

See:

https://www.govinfo.gov/content/pkg/FR-2021-02-12/pdf/2021-03139.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210211

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210222_33

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *