US SANCTIONS: ADDED BURMA/MYANMAR-RELATED DESIGNATIONS; IRAN-RELATED AND NON-PROLIFERATION DESIGNATIONS REMOVED

On 2 July, a news release from OFAC advised that 22 new individuals had been added to the Burmese/Myanmar sanctions lists.  The same news release advised that 4 Iran-linked names had been removed from sanctions lists.

At the same time, the Department of Commerce’s Bureau of Industry and Security (BIS) has also added the following entities that have provided support to the Myanmar military to its Entity List, which imposes export licensing restrictions: King Royal Technologies Co., Ltd; Wanbao Mining; Myanmar Wanbao Mining Copper, Ltd.; Myanmar Yang Tse Copper, Ltd

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210702

https://home.treasury.gov/news/press-releases/jy0260

https://www.commerce.gov/news/press-releases/2021/07/commerce-increases-restrictions-burmese-military-adding-four-entities

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: