Trade and Manufacturing Monitor
News and insight from our international trade practice group
OFAC Sanctions Two Military Holding Companies With Large Influence Over Burmese Economy
Today, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) further escalated sanctions on Burma by adding two large Burmese military holding companies to its List of Specially Designated…
New Export Control Restrictions Imposed on Burma, Four Parties Added to Entity List
Today, the U.S. Bureau of Industry and Security (BIS) imposed additional export control restrictions on Myanmar (Burma) in response to the recent military coup in that country. BIS previewed the new restrictions in an…