To embed, copy and paste the code into your website or blog:
In response to the recent military coup in Myanmar (also known as Burma) against the democratically-elected government, on February 11, 2021 the Biden Administration issued an Executive Order on Blocking Property with Respect to the Situation in Burma (E.O.), which launched a new targeted sanctions regime. That same day, the Treasury Department’s Office of Foreign Assets Control (OFAC) designated former and current officials of Burma’s military or security forces and affiliated entities in the jade and gems sector as Specially Designated Nationals (SDNs). In addition, the Commerce Department’s Bureau of Industry and Security (BIS) announced a series of steps to tighten export controls on certain ministries, armed forces, and security services, and to limit availability of license exceptions. It has been indicated that these are initial steps, and that further sanctions and export control may follow.
U S Imposes Targeted Sanctions And Export Restrictions On Burma In Response To Military Coup | Husch Blackwell LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
FACT SHEET: Biden-Harris Administration Actions in Response to the Coup in Burma whitehouse.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whitehouse.gov Daily Mail and Mail on Sunday newspapers.
The Department of Commerce’s Bureau of Industry and Security (BIS) implemented a series of restrictions on exports of sensitive items to Burma’s Ministry of Defense, the Ministry of Home Affairs, armed forces, and security services in response to the Burmese military’s actions to overthrow the democratically elected civilian government of Burma.