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Adani Ports approaches US Treasury on Myanmar terminal - The Hindu BusinessLine

UPDATE 4-U.S. and Britain blacklist Myanmar military-controlled companies


10 Apr 2021 / 08:49 H.
(Adds State Department condemnation of latest killings)
WASHINGTON, March 25 (Reuters) - The United States and Britain imposed sanctions on conglomerates controlled by Myanmar s military on Thursday, following the generals Feb. 1 coup and deadly crackdown, with Washington calling it a response to abhorrent violence and abuses.
The U.S. Treasury department said its sanctions targeted Myanma Economic Holdings Public Company Ltd (MEHL) and Myanmar Economic Corporation Ltd (MEC).
Britain imposed similar sanctions on MEHL, citing the Myanmar military s serious human rights violations against Rohingya Muslims.
Representatives for the two entities, which control big sections of the Myanmar economy, had no immediate comment on when Reuters reported on Wednesday the sanctions were expected. ....

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