UK, U.S. sanction Myanmar junta entities as five killed by security forces World Thursday, 25 Mar 2021 10:21 AM MYT ... Myanmar March 24, 2021 … The United States, United Kingdom and Canada have imposed coordinated sanctions on Myanmar’s military rulers and related entities, the latest in a string of punitive measures since the army seized power in a February coup. read more, "The military junta in Myanmar continues to crush democracy and attack its own people with brutal ferocity," foreign minister Dominic Raab said in a statement, "We are working with our allies to impose sanctions that hit the junta's access to finance, and deliver a return to democracy.". 2021/496) ADDITIONS Individuals 1. The designation against MGE will cut off a key source of funding for the military junta, which continues to subvert democracy and is responsible for the violent repression and serious human rights violations against the people of Myanmar, including the killing of children. All content is available under the Open Government Licence v3.0, except where otherwise stated, Foreign, Commonwealth & Development Office, Coronavirus (COVID-19): guidance and support, Transparency and freedom of information releases, Foreign Secretary announces new sanctions against Myanmar Gems Enterprise, the move will deprive the junta of a key source of funding – the gem trade is a multi-billion dollar business for Myanmar, the UK has already sanctioned senior Myanmar military officers and their economic interests following February’s military coup. 19 Burmese officials are now UK … We’ll send you a link to a feedback form. They demonstrate the UK’s commitment to targeting the military junta’s funding streams to put pressure on them to immediately end the coup. Enforced with immediate effect, the sanctions are the first since the UK laid new Myanmar sanctions regulations in parliament on 29 April. In response to the military’s appalling human rights violations, the UK has imposed sanctions … To help us improve GOV.UK, we’d like to know more about your visit today. Ramp up sanctions “It is imperative that the international community ramp up the size and scope of sanctions as the junta ramps up its repression of the people of Myanmar”, he said.. Myanmar’s military leaders, known as the State Administrative Council (SAC), seized power in a coup in February and have launched brutal crackdowns against pro-democracy demonstrators. AFP - March 25, 2021 10:41 PM. Protesters rally against the military coup in Mandalay earlier … Coordinated sanctions are latest in string of punitive measures targeting Myanmar military rulers and related entities. Myanmar state TV shows Suu Kyi in court in first pictures since coup, Singapore provisionally approves 60-second COVID-19 breathalyser test, Japan opens mass vaccination sites for elderly ahead of Olympics, EXCLUSIVE Korean AI tutor Riiid raises $175 million from SoftBank, heads to public schools, No one's safe anymore: Japan's Osaka city crumples under COVID-19 onslaught. Britain announced sanctions against state-owned enterprise Myanmar Gems Enterprise (MGE) on Monday, saying the move would deprive the military junta there of a key source of funding. THE MYANMAR (SANCTIONS) REGULATIONS 2021 (S.I. Myanmar is one of the world’s largest producers of rubies and jade – trade in jade for example is a multi-billion dollar business for the country. MGE is a state owned enterprise which oversees all gemstone activities in Myanmar and is now under the junta’s control following the military coup on 1 February. The asset freeze imposed by the sanctions prevents anyone from dealing with funds or economic resources which are owned or controlled by the designated entity and held in the UK. We use some essential cookies to make this website work. These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to establish a sanctions regime in relation to Myanmar for the purposes of: promoting the peace, stability and security of Myanmar; promoting respect for democracy, the rule of law and good governance in Myanmar; discouraging actions, policies or activities which repress the civilian population in Myanmar… A Myanmar soldier stands guard on a road amid demonstrations against the military coup in Naypyidaw February 17, 2021. Position: Commander of the 33rd Light Infantry Division division of the Myanmar Armed Forces (Tatmadaw) Other Information: (UK Sanctions List Ref): … UK Foreign Secretary Dominic Raab said the sanctions “target the military’s financial interests to help drain the sources of finance for their campaigns of repression against civilians.” Myanmar has endured nearly two months of civil unrest, after the country’s military ousted its civilian government on February 1. 29 April 2021. Foreign Secretary Dominic Raab has announced additional measures targeting the Myanmar regime today (17 May) with new sanctions imposed against Myanmar Gems Enterprise (MGE). The US said on […] On the same day the Minister for External Relations and Financial Services made the Sanctions and … UK sanctions top Myanmar generals over human rights The sanctions, announced on July 6, freeze any assets that Myanmar’s top two generals may have in the UK and impose a visa ban. See here for a complete list of exchanges and delays. Our Standards: The Thomson Reuters Trust Principles. 17 May 2021. Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface. Washington [US], March 25 (ANI): The United States in a coordinated action with the United Kingdom has imposed new sanctions on two conglomerates in Myanmar in … The Foreign Secretary Dominic Raab has announced there are 3 individuals subject to immediate asset freezes and travel bans for serious human rights violations by the military and police force (these are in addition to … Thursday, 25 Mar 2021 11:48 PM MYT. Don’t include personal or financial information like your National Insurance number or credit card details. UK sanctions. Subscribe to our Telegram channel for the latest updates on news you need to know. UK Sanctions Myanmar Army Chief For Coup Role. It also blocks others from providing funds or economic resources to the designated individual or entity – in this case MGE. The military junta in Myanmar continues to crush democracy and attack its own people with brutal ferocity. Access to real-time, reference, and non-real time data in the cloud to power your enterprise. The following entry has been added and is now subject to an asset freeze. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Myanmar Gems Enterprise (MGE) (Group ID: 14108) Today’s announcement, made in conjunction with the United States and Canada, follows the recent G7 and ASEAN meetings which reiterated the strong and united view of the international community in opposition to the actions of the military junta in Myanmar. (2) The following provisions come into force at 2.00 p.m. on 29th April 2021— (a) this regulation; (b) regulation 2 (interpretation); (c) regulation 4 (purposes); (d) regulation 5 (power to designate persons); (e) regulation 6 (designation criteria); AUNG, Aung Title: Brigadier General Nationality: Burmese Myanmar National Identification no: BC 23750 (military identification) Address: Mandalay. The United States and Canada also announced further sanctions against Myanmar, which has been in crisis since the military seized power from Aung San Suu Kyi's elected government on Feb. 1. read more. UK adds Myanmar sanctions program – and puts 23 on the list By eric9to5 on April 29, 2021 • (Leave a comment) Today, the UK replaced its Burma (Sanctions) (EU Exit) Regulations 2019 with a new Myanmar (Sanctions) Regulations 2021 – and OFSI added the following persons: 1. By. Foreign Secretary announces new sanctions against Myanmar Gems Enterprise. 2 minute read. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. The Council today decided to sanction 10 individuals and two military-controlled companies, Myanmar Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation Limited (MEC) in relation to the military coup staged in Myanmar/Burma on 1 February 2021, and the ensuing military and police repression against peaceful demonstrators. Share . UK, US sanction military-owned Myanmar conglomerate . Demonstrators hold placards outside the Myanmar Embassy as Myanmar's ambassador Kyaw Zwar Minn was locked out of the embassy, and sources said his deputy had shut him out of the building and taken charge on behalf of the military, in London, Britain, April 8, 2021. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Myanmar is the world's main source of jade, a sought-after stone in China, and a major source of rubies and other rare gems. Foreign Secretary Dominic Raab announces sanctions on Myanmar Gems Enterprise (MGE), a state-owned enterprise under the military junta’s control. US, Canada and UK impose new sanctions on Myanmar military Coordinated sanctions are latest in string of punitive measures targeting Myanmar military rulers and related entities. 1/2. Sanctions announced by the UK and Canada include restrictions on the Myanma Gems Enterprise (MGE), the state-owned entity that acts as both the main regulator for the jade and gemstone industry as well as a commercial partner in mining projects. Foreign Secretary announces new sanctions against Myanmar Gems Enterprise ; the move will deprive the junta of a key source of … This list provides details of those designated under regulations made under the Sanctions Act. What's Next and What Does This Mean For Companies Doing Business in Myanmar? We are working with our allies to impose sanctions that hit the junta’s access to finance, and deliver a return to democracy. The move will deprive the junta of a key source of funding – the gem trade is a multi-billion dollar business for Myanmar; The UK has already sanctioned senior Myanmar military … London/Toronto [UK/Canada], May 18 (ANI): The United States, Britain and Canada on Monday announced additional sanctions on Myanmar's military in the latest punitive move following the continued oppression of citizens protesting February's coup. It will take only 2 minutes to fill in. On 17 May 2021, the Foreign, Commonwealth and Development Office updated the UK Sanctions List. Myanmar … read more, Britain has previously announced sanctions and asset freezes on other entities and individuals linked to the February coup. All quotes delayed a minimum of 15 minutes. Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible. "The designation against MGE will cut off a key source of funding for the military junta, which continues to subvert democracy and is responsible for the violent repression and serious human rights violations against the people of Myanmar, including the killing of children," the foreign office said in a statement. London/Toronto [UK/Canada], May 18 (ANI): The United States, Britain and Canada on Monday announced additional sanctions on Myanmar's … The UK secured G7 statements on 3 February and 23 February, as well as a United Nations Security Council presidential statement on 10 March. — AFP pic. Canada also applied sanctions on two additional Myanmar state-owned enterprises, the Myanmar Pearl Enterprise (MPE) and Myanmar Timber … The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. US, UK sanction Myanmar junta companies as crackdown continues. UK Sanctions Myanmar Gems Enterprise in Bid to Cut off Junta Funding More FILE PHOTO: Britain's Foreign Secretary Dominic Raab walks outside Downing Street, in London, Britain, April 27, 2021. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. At that point, the listings under the Burma (Sanctions) (EU Exit) 2019 regulations were revoked and remade under the new regulations. The UK calls for all companies to cut ties with military-linked businesses with direct effect. U.S., UK and EU authorities continue to expand sanctions targeting the Tatmadaw, Myanmar’s armed forces, following the February 1, 2021, military coup in Myanmar … New UK Myanmar sanctions February 18th, 2021 | Maya Lester QC The UK has designated 3 Burmese military officials for serious human rights violations following the military coup on 1 February 2021 under the Burma (Sanctions) (EU Exit) Regulations 2019. The industry leader for online information for tax, accounting and finance professionals. The United States, United Kingdom and Canada have imposed coordinated sanctions on Myanmar’s military rulers and related entities, the latest in a string of punitive measures since the army seized power in a February coup. London said the commanders were targeted for their role “in the systematic and brutal violence against the Rohingya people and other ethnic minorities.” May 18, 2021 12:40 am AEST Date Time. Channels Television Updated February 25, 2021. —(1) These Regulations may be cited as the Myanmar (Sanctions) Regulations 2021. The violent crackdown and killing of peaceful protesters in Myanmar are completely unacceptable and require a strong message from the international community. The UK, alongside the G7, is urging all countries to immediately suspend arms sales to Myanmar and welcomes the recent suspension of sales by the Republic of Korea. The UK did not make any new Myanmar listings. Myanmar state television showed deposed leader Aung San Suu Kyi in court on Monday in the first pictures of her to emerge since she was overthrown in a Feb. 1 coup. UK announces sanctions on gemstone company linked to military regime in Myanmar. On 18 February 2021, the UK announced sanctions against Myanmar military generals for serious human rights violations, which come into force immediately. The UK is clear that ASEAN has a central role to play in resolving the crisis and that the military regime must implement the ASEAN Five Point Consensus without delay. REUTERS/Toby Melville. Don’t worry we won’t send you spam or share your email address with anyone. Demonstrators hold placards outside the Myanmar … UK, Canada sanction Myanmar generals after coup Issued on: 18/02/2021 - 19:23 Modified: 18/02/2021 - 19:25 File photo of British Foreign Secretary Dominic Raab © Ashraf Shazly, AFP The United States blacklisted MGE in April. Britain already had sanctions in force against 16 individuals from the Myanmar military. We also use cookies set by other sites to help us deliver content from their services. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. YANGON, March 25 — The US and Britain announced sanctions … May 17, 2021 4:50 PM UTC Asia Pacific UK sanctions Myanmar Gems Enterprise in bid to cut off junta funding. Coordinated sanctions are latest in string of punitive measures targeting Myanmar military rulers and related entities. Reuters . The UK made the Myanmar (Sanctions) Regulations 2021 which came into force on 29 April 2021. You can change your cookie settings at any time. Britain also said further safeguards were being put in place to prevent British aid indirectly supporting the military-led government and additional measures would prevent British businesses working with Myanmar's military.
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