Myanmar's 'Khaki Commerce' Set to Flourish Under Junta
Few military officers have shown as much greed as Snr-Gen Min Aung Hlaing, and there is little doubt he is clinging to power to protect his economic interests.
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Few military officers have shown as much greed as Snr-Gen Min Aung Hlaing, and there is little doubt he is clinging to power to protect his economic interests.
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...
US Embassy Under Fire for Working With Firm Owned by Sanctioned Military Chief’s Daughter 10 December 2020 7 December 2020 The original poster for the event posted by the US Embassy. / US Embassy Rangoon Facebook 7.1k By The Irrawaddy 15 December 2020 The US Embassy in Yangon has come in for public criticism after publishing a Facebook post that suggested it was partnering with a company run by the daughter of the US-sanctioned Myanmar military chief on an event co-sponsored by the embassy. On Monday evening, the embassy announced on Facebook its co-sponsorship of a concert to ...