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.
Biden Sanctions and Export Control Developments in First 50 Days natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
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The Biden Administration has been quick to respond to the
unfolding situation in Myanmar (also known Burma): a day after the
military, known as the Tatmadaw, seized control of the
country s government, the State Department declared the actions a coup d état,
resulting in a cutoff of many categories of foreign assistance.
Other sanctions followed soon after. As a result, both new economic
sanctions and export controls restrict-currently only in targeted
ways-US trade with Burma.
New Sanctions
In particular, on February 11, 2021, President Biden signed Executive Order on Blocking Property with Respect
March 12, 2021 08:19:00 pm
The US Department of the Treasury sanctioned the two adult children of commander-in-chief of the Myanmar military, Min Aung Hlaing, on Wednesday in response to the continued violence by military forces against protesters.
In a press release, the Treasury Department labeled Min Aung Hlang as the leader of the military coup against Myanmar’s democratically elected government, saying:
The United States stands in solidarity with the people of Burma, and we remain committed to promoting accountability for those responsible for the coup and ongoing violence. The United States urges the immediate release of State Counselor Aung San Suu Kyi and President Win Myint, as well as all others unjustly detained since February 1, including members of civil society, journalists, and human rights activists.
Several of their companies were also designated
(Source: MgHla (aka) Htin Linn Aye, via Wikimedia Commons)
By Samuel Rubenfeld, Edmund Xu and Helen Koo
Thursday, March 11, 2021
Two adult children of Min Aung Hlaing, the Burmese military commander-in-chief who led the February coup, were sanctioned by the U.S., along with six companies they own or control.
An executive order issued by the White House following the coup explicitly authorized sanctions on the adult children of designated Burmese military leaders and officials. Min Aung Hlaing, sanctioned by the U.S. for leading the coup, had also previously been designated for human rights abuses tied to the military’s mass killing of Rohingya and other Burmese minorities.