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OFAC targets Burma fuel suppliers and Belarusian enterprises

Revised Belarus Sanctions regulations also republished today

On Friday, the Treasury Department announced that OFAC had designated two individuals and six entities that are connected to Burma’s military and that have enabled the military regime’s continuing atrocities, including through the importation, storage, and distribution of jet fuel to Burma’s military. The two individuals and six entities are being designated pursuant to Executive Order 14014. OFAC also published a Burma Jet Fuel Sanctions Alert, to inform individuals, businesses, and other persons of the sanctions risks associated with providing jet fuel to Burma’s military regime.

Treasury also announced that OFAC designated three entities and nine individuals, and identified one presidential aircraft as blocked property, pursuant to Executive Order 14038. These designations build on sanctions imposed on individuals and entities in Belarus in response to the ongoing brutal crackdown against the pro-democracy movement and civil society surrounding the fraudulent August 2020 presidential election. These actions also underscore the United States’ willingness to hold the regime in Minsk to account for its complicity in the Russian Federation’s ongoing unjustified war of choice against Ukraine.

For the names and identification information of the designated parties and aircraft and a link to revised and today's republished Belarus Sanctions regulations, see this BankersOnline OFAC Update.

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