The UK, EU, and Canada have imposed new sanctions targeting the MYANMAR military regime and its associates.

29 October 2024 - The UK, EU and Canada have announced a further round of sanctions to increase pressure on the Myanmar military regime and its associates. 

Background 

• On 1 February 2021, the Myanmar military overthrew the democratically elected government led by Aung San Suu Kyi and installed a military regime.
• Since then, they have used violence and atrocities to maintain power and suppress any opposition voices.
• Increasingly brutal tactics have been implemented as the military continues to cling to power, leading to the highest number of airstrikes on record by the Myanmar military this August (2024), killing dozens of civilians.
• Over 3.4 million people are now displaced from their homes due to the fighting, over 18 million people need humanitarian assistance, and Myanmar is now seeing a proliferation in serious and organised crime.
• Since the coup, the UK has designated 25 individuals and 33 entities under the Myanmar Sanctions Regime.
• The UK continues to lead international efforts to undermine the regime’s credibility and constrain its access to revenue and arms.

2024 continued action

• UK sanctions target entities supplying aviation fuel and equipment to the Myanmar military. August 2024 saw the highest number of airstrikes on record by the Myanmar military, killing dozens of civilians. 
• The UK, EU and Canada have announced further sanctions targeting the Myanmar military’s access to military material, equipment and funds. 
• UK action will help to constrain the Myanmar military’s ability to conduct airstrikes on civilians, which amount to gross human rights violations. 
• The latest round of UK sanctions targets six entities providing aviation fuel to the Myanmar military or supplying restricted goods, including aircraft parts.

Today, the UK has sanctioned the following:

• Asia Sun Group Company Limited - for being owned or controlled by Zaw Min Tun, a Myanmar businessman previously sanctioned by the UK in 2023 for making available economic resources, namely aviation fuel, directly or indirectly to or for the benefit of the Myanmar security forces.
• Swan Energy Company Limited – for being associated with Asia Sun Trading Company Limited and making available economic resources (aviation fuel) directly or indirectly to or for the benefit of the Myanmar security forces. 
• Myan-Oil Company Limited – for being associated with Asia Sun Trading Company Limited.
• Rich Ray Trading Company Limited – for being associated with Asia Sun Trading Company Limited and making available economic resources (aviation fuel) directly or indirectly to or for the benefit of the Myanmar security forces.
• Progress Technology Support Company (a.k.a Royal Shune Lei Co) - for being involved in the supply of restricted goods or restricted technology or material related to such goods or technology to Myanmar. 
• King Royal Technologies Company Limited—for being involved in supplying Myanmar with goods or technology that could contribute to a serious human rights violation or abuse.

Today’s announcement bolsters previous sanctions against suppliers of aviation fuel to the military in February and March 2023 and arms dealers in October 2023. 

Source

https://www.gov.uk/government/news/uk-eu-and-canada-impose-new-sanctions-targeting-myanmar-military-regime-and-its-associates