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U S Treasury Department Expands Sanctions against Myanmar | Foley & Lardner LLP

On October 6, 2022, the United States Treasury Department designated three Myanmar individuals and their company as targets of sanctions under Executive Order 14014 (E.O. 14014). These.

U S Treasury Department Expands Sanctions against Myanmar | Article

On October 6, 2022, the United States Treasury Department designated three Myanmar individuals and their company as targets of sanctions under Executive Order 14014.

Treasury Department Identifies Myanmar Individuals with Sanctions

Treasury Department designated three Myanmar individuals and their company as targets of sanctions under EO 140141. These are the latest of designations under E.O. 14014, which Biden signed on February 10, 2021, following the military coup in Myanmar earlier that month.

Sanctions Imposed Targeting Myanmar Military Government

Thursday, March 11, 2021 On February 1, 2021, the Myanmar military overthrew the country’s democratically elected government and installed an army general as head of state, with a cadre of military officials and their allies running the government. On February 10, 2021, in response to the Myanmar military coup, President Biden issued Executive Order 14014 entitled, “Blocking Property With Respect to the Situation in Burma” (E.O. 14014 or the E.O.). [1] That E.O. targets members of the Myanmar military and government, and threatens sanctions on parties that provide support to persons and entities sanctioned under the E.O. On March 8, 2021, the U.S. Department of Commerce, Bureau of Industry and Security (BIS) added four Myanmar entities to the U.S. Entity List. BIS also moved Myanmar from Country Group B, subject to lesser export controls, to Country Group D:1, subject to significant export restrictions. Finally BIS imposed Military End User restrictions on Mya

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