Myanmar Sanctions

Trump’s Myanmar Sanctions Shift: Praise from Junta Chief Triggers US Policy Change

The United States has lifted sanctions on several entities and individuals linked to Myanmar’s ruling generals, prompting concerns from human rights groups and politicians. These delistings include companies previously sanctioned for their ties to military-owned firms and arms production, such as KT Services & Logistics and Myanmar Chemical and Machinery Company. The US Treasury stated the removals were routine, but critics argue the decision undermines efforts to hold the military regime accountable, especially given the ongoing civil war and the junta’s deadly attacks on civilians. Despite the removals, the US continues to maintain sanctions against key figures and state-owned banks, recognizing that financial restrictions remain a critical tool to limit the regime’s access to foreign currency.

Read More