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United States, European Union and United Kingdom Intensify Sanctions on Burma | White & Case LLP

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On March 25, 2021, the United States imposed sanctions on Myanma Economic Holdings Public Company Limited ( MEHL ) and Myanmar Economic Corporation Limited ( MEC ), Burma s two largest military conglomerates.
1 On the same day, the United Kingdom announced sanctions on MEHL. On April 8, the United States imposed sanctions on Myanma Gems Enterprise ( MGE ), a Burmese state-owned entity responsible for all gemstone activities in Burma,
2 and on April 9 the United States introduced further export controls on Burma.
3 These sanctions follow a wave of restrictive measures imposed by the United States, the United Kingdom, Canada, and the European Union targeting those associated with the Burmese military and security forces who participated in the military s takeover of the country on February 1, 2021, and the subsequent military and police repression against the Burmese people. The sanctions substantially incr ....

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US sanctions Myanmar's economic holdings companies - sanctions extend to all majority-owned subsidiaries | Eversheds Sutherland (US) LLP

US sanctions Myanmar's economic holdings companies - sanctions extend to all majority-owned subsidiaries | Eversheds Sutherland (US) LLP
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