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The US Government has imposed a series of sanctions against Myanmar Economic Corporation Limited (MEC) and Myanma Economic Holdings Public Company Limited (a.k.a. Myanmar Economic Holding Limited) (MEHL), two military-affiliated conglomerates, in response to the February military coup in Burma (Myanmar). The combined restrictions are likely to have a significant impact on business activities in Burma as these conglomerates have substantial interests and joint ventures in several sectors of the Burmese economy, including trading, natural resources, tourism, alcohol, cigarettes, and consumer goo...

2021 CONCACAF Gold Cup final set for Las Vegas Field Level Media 14 May 2021, 10:55 GMT+10 The 2021 CONCACAF Gold Cup schedule was released Thursday, with the final set for Las Vegas' Allegiant Stadium on Aug. 1. The month-long event will begin July 2 with preliminary-round games played at Inter Miami CF's DRV PNK Stadium in Fort Lauderdale, Fla. Group stage play will begin July 10 with games at Toyota Stadium in Frisco, Texas and ATT Stadium in Arlington, Texas. Games will be played in 11 different venues across eight metropolitan regions across the United States. The knockout stage will beg...

To embed, copy and paste the code into your website or blog: The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued final rules amending the Export Administration Regulations (“EAR”) by implementing new export controls on Burma (Myanmar), and adding four entities linked to the recent coup to the Entity List. These final rules effective March 8, 2021 come less than a month after President Biden imposed sanctions blocking U.S. property and interests of Burmese military and government officials. Burma Removed from Country Group B with Significant Repercussions...

To embed, copy and paste the code into your website or blog: U.S. officials have continued to use a range of policy tools to apply pressure on the military leadership of Myanmar (also known as Burma) in response to the military coup in the country and escalating violence against peaceful protestors. These moves have continued to follow a step-by-step approach, with important export control and sanctions additions thus far in March 2021. New Export Controls On March 4, 2021, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) announced new export controls and Entity List add...

Summary Building on the export controls and sanctions measures already imposed by the U.S. government in February in response to the military coup in Burma, the Bureau of Industry and Security (“BIS”) imposed additional export control restrictions on March 8, 2021, and OFAC designated additional parties as Specially Designated Nationals and Blocked Persons (“SDN”). The final rule published by BIS on March 8, 2021 implements the following changes to the Export Administration Regulations (“EAR”) affecting Burma: moving Burma from Country Group B to Country Group D:1; adding Burma to...