![]() The UK’s economic sanctions against Myanmar reflect those of the US and the EU with restrictive measures that include asset freezes, investment prohibitions, and travel bans against certain Burmese government officials. The EU’s 2021 sanctions expanded existing measures against Myanmar, targeting 8 Burmese individuals and 4 state-owned (or military-controlled) organizations for asset freezes and investment prohibitions. In 2021, the EU joined the US in imposing a new round of sanctions on Myanmar following the military coup and the subsequent violent repression of pro-democracy protests. Since then, the EU has strengthened and added additional rounds of Myanmar sanctions, with restrictive measures including import and export bans, bans on the provision of certain services, travel bans, and asset freezes against Burmese government officials and companies. The EU has imposed economic sanctions on Myanmar since 2008 as a response to the government’s ongoing oppression of pro-democracy groups and its human rights abuses. The 2021 sanctions targeted the parties responsible for the military coup and essentially reintroduced previous sanctions measures with new licenses authorizing certain economic activities, including the provision of legal services and medical services. In 2021, President Biden imposed new restrictions in response to a military coup d’état against Myanmar’s democratically elected government. While the US has eased some Myanmar sanctions since 2007, it has also expanded and added new restrictions in response to ongoing human rights abuses and acts of political oppression. The US imposed another round of sanctions in 2007, with asset freezes on a further 25 senior officials, and the authorization for asset freezes on any individuals deemed responsible for human rights abuses in Myanmar. The United States implemented sanctions against Myanmar in 2003, imposing a ban on imports from Myanmar, a ban on financial service exports to Myanmar, asset freezes on Burmese financial institutions, and travel bans on Burmese officials. To ensure compliance with Myanmar sanctions, firms should be familiar with the relevant restrictions applicable in their jurisdiction. Notable sanctions programs against Myanmar are enforced by the US, the EU, the UK, Australia, and Canada and include measures such as arms embargoes, trade embargoes, asset freezes, travel bans, and investment bans. The actions of the Burmese government have prompted a collective response from the international community and a range of economic sanctions measures. ![]() ![]() Myanmar’s military junta took control of the country in 1988 and has subsequently been accused of numerous human rights violations and the political oppression of opponents. Also known as ‘Burma’, Myanmar has struggled with internal conflict since the mid-20th century: after it gained its independence from the UK in 1948, Myanmar entered a period of political transition that saw several ethnic groups vying for control and often engaging in violent conflict. Numerous countries have imposed sanctions against Myanmar in response to its government’s violent suppression of pro-democratic movements, institutional corruption, and human rights abuses.
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