Sanctions

  • NewsJunta troops crack down on nationwide protests in Yangon following the February 2021 military coup (Photo: EPA)

    US delists Myanmar arms brokers and tycoons from sanctions list

    Delisting paves way for renewed international business ties, even as junta officials face continued blacklisting for war crimes

  • NewsRachel Tayza, the daughter of a wealthy supplier of arms and equipment to the Myanmar military who has held directorships and shares in her family’s companies, poses for a photo.

    Activists report sanctioned Myanmar tycoon’s daughter to Italian authorities

    Rachel Tayza, the adult daughter of a wealthy Myanmar military crony, is sanctioned by the US for holding shares in a conglomerate that profited from supplying arms to the military

  • NewsAustralian foreign affairs minister Penny Wong, seen at a press conference in Brisbane in July 2023, cited humanitarian reasons for Australia’s imposition of new sanctions on two Myanmar military-linked banks today. The sanctions did not affect mining interests in Myanmar, in which Australian companies remain heavily involved (Pat Hoelscher / AFP)

    Australia sanctions Myanmar junta banks, but not its mining enterprises

    As Australian-led companies remain active in the mining sector, the UK joins the US, EU, and Canada in introducing sanctions against two junta-controlled extraction ventures

  • World

    Civil society groups call on Western governments to bolster sanctions, stop “lending legitimacy” to Myanmar junta

    An open letter endorsed by hundreds of groups accused Finland and Switzerland of emboldening and enabling abuses by junta officials, while another urged Australia to expand its Myanmar sanctions list

  • World

    US, UK, Canada unveil new sanctions on supporters of Myanmar military

    The United States, Canada and Britain took aim Tuesday at sources of support to Myanmar’s military regime, building on earlier sanctions and targeting its ability to buy weapons. The fresh restrictions come more than two years after a military coup that also launched a violent campaign against democracy activists. “Burma’s military regime has repeatedly harmed civilians in air strikes, suppressed pro-democracy movements, destroyed homes and infrastructure, and displaced millions of people” since the 2021 coup, said the US Treasury Department, using another name for Myanmar. It added that the latest sanctions target companies and individuals, including government officials, who perpetuate or facilitate violence in the Southeast Asian country. Among key actions taken were sanctions against state-owned Myanma Oil and Gas Enterprise. The United States said this remains the biggest single source of foreign revenue for the military regime, providing hundreds of millions of dollars each year. “We continue to encourage all countries to take tangible measures to halt the flow of arms, aviation fuel, and revenue to the military regime,” said US Secretary of State Antony Blinken in a statement. The US Treasury also designated three companies that have helped the military regime import arms and other goods, and five…

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