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The EU is to sanction firms "generating revenue for, or providing financial support to, the Myanmar Armed Forces", according to an internal document seen by Reuters. Two likely targets, diplomats said, are Myanmar Economic Holdings Limited and Myanmar Eco.
Today, the U.S. Bureau of Industry and Security (BIS) imposed additional export control restrictions on Myanmar (Burma) in response to the recent military coup in that country. BIS.
1 of 6 FILE - In this March 3, 2021, file photo, anti-coup protesters run as one of them discharges a fire extinguisher to counter the impact of tear gas fired by riot policemen in Yangon, Myanmar. The escalation of violence in Myanmar as authorities crack down on protests against the Feb. 1 coup is adding to pressure for more sanctions against the junta, as countries struggle over how to best confront military leaders inured to global condemnation. (AP Photo/File)
2 of 6 FILE - In this Feb. 15, 2021, file photo, a man is held by police during a crackdown on anti-coup protesters holding a rally in front of the Myanmar Economic Bank in Mandalay, Myanmar. The escalation of violence in Myanmar as authorities crack down on protests against the Feb. 1 coup is adding to pressure for more sanctions against the junta, as countries struggle over how to best confront military leaders inured to global condemnation.(AP Photo/File)
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