On 21 April, OFAC designated 2 Burmese state-owned enterprises, Myanma Timber Enterprise (MTE) and Myanmar Pearl Enterprise (MPE), which are responsible for timber and pearl exports from Burma. The timber and pearl industries are key economic resources for the Burmese military regime that is violently repressing pro-democracy protests in the country and that is responsible for the ongoing violent and lethal attacks against the people of Burma, including the killing of children.
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210421
https://home.treasury.gov/news/press-releases/jy0138
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