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The Biden Administration has been quick to respond to the
unfolding situation in Myanmar (also known Burma): a day after the
military, known as the Tatmadaw, seized control of the
country s government, the State Department declared the actions a coup d état,
resulting in a cutoff of many categories of foreign assistance.
Other sanctions followed soon after. As a result, both new economic
sanctions and export controls restrict-currently only in targeted
ways-US trade with Burma.
New Sanctions
In particular, on February 11, 2021, President Biden signed Executive Order on Blocking Property with Respect
EEUU ofrece TPS para birmanos debido al golpe de Estado noticierodigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from noticierodigital.com Daily Mail and Mail on Sunday newspapers.
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Using election fraud as a pretext, general Min Aung Hlaing has decided to take over Burma thanks to a rather vague interpretation of the 2008
constitution. What happened to lead to these events?
Myanmar (also known as Burma) is a former British colony that obtained its independence in 1948. From 1962 to 2011 the country was governed by an oppressive military junta. In 1990, the government held free elections that were won by the National League for Democracy – Aung San Suu Kyi’s party – with 80% of the seats in parliament (i.e 392 out of 492 seats). However, it was too good to be true and the military junta refused to leave and therefore continued to rule the nation since its dissolution in 2011.
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On February 1, 2021, the Burmese military announced that it had seized control of the country from the country s democratically elected government.
1 In response to the coup, the US has so far designated 12 individuals and three entities and imposed restrictions on certain exports. Allied governments, including the European Union, the United Kingdom and Canada, either have promulgated their own sanctions or are considering doing so. The US has signaled that it is preparing additional measures targeting the individuals responsible for the coup and ensuing violence. Given the Burmese military s pervasive presence in Burma s economy, companies are advised, as a matter of priority, to assess their commercial ties with Burma.