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Showing posts with label Economic Sanctions. Show all posts
Showing posts with label Economic Sanctions. Show all posts

Wednesday, June 9, 2021

U.S. Reimposes Economic Sanctions On Military Regime in Burma

JDSUPRA
June 7, 2021


Effective June 1, 2021, the U.S. Department of the Treasury's Office of Foreign Assets Control (“OFAC”) published new Burmese Sanctions Regulations (“BSR”) that implement President Biden’s February 10, 2021, Executive Order 14014 (“E.O. 14014”), which was issued in response to a coup by the Burmese military to overthrow the country’s democratically elected civilian government. The coup leaders have arrested and detained many of Burma’s government and political leaders, human rights advocates, journalists, and religious leaders in an explicit repudiation of Burma’s national elections that took place in November 2020. Despite widespread domestic and international protests against the coup, the Burmese military has thus far continued its use of violent repression and deadly force, killing or wounding hundreds of people, including young children.
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