The Coup in Myanmar — U.S. Announces Initial Response with Targeted Sanctions and Export Controls

In reaction to the modern army coup in Myanmar (also identified as Burma) versus the democratically-elected government, on February 11, 2021 the Biden Administration issued an Government Buy on Blocking Assets with Regard to the Condition in Burma (E.O.), which released a new qualified sanctions routine.  That same day, the Treasury Department’s Workplace of Overseas Belongings Control (OFAC) specified former and present-day officials of Burma’s army or stability forces and affiliated entities in the…
By: Pillsbury – World Trade & Sanctions Legislation