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Adani plans to abandon Myanmar terminal if country is sanctioned by US

Biden Administration Completes its Second 50 Days With Continued Pressure on Targeted Countries Using Increased Sanctions and Export Controls | Faegre Drinker Biddle & Reath LLP

To embed, copy and paste the code into your website or blog: The Biden administration continues to utilize United States trade sanctions and export controls as a key tool in its efforts to put pressure on China, Myanmar/Burma and Russia. Since our last update, actions by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the U.S. Commerce Department’s Bureau of Industry and Security (BIS), the U.S. State Department (State) and the U.S. State Department’s Directorate of Defense Trade Controls (DDTC) have been bolstered by similar actions taken by U.S. allies, indicating multilateral support for the Biden administration’s efforts to combat ongoing human rights crises and national security concerns in these regions.

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