Blocking Property of the Government of Burma and Prohibiting Certain Transactions
Blocks Burma Government Property and Bans Certain Transactions
What it does
All federal agencies must take appropriate measures to implement and enforce the order's sanctions and prohibitions.
Real-world impact
- Freezes assets of listed Burmese government entities and officials in the United States.
- Bans U.S. export of financial services to Burma and related financing by U.S. persons.
- Prohibits import of products from Burma beginning 30 days after the order.
Topics
Summary
This order blocks property and freezes assets of listed Burmese government entities, senior officials, and any entities they own or control. It prohibits U.S. persons from exporting financial services to Burma, from financing transactions that would be prohibited, and, starting 30 days after the order, bans importation of products from Burma, with narrow exceptions for diplomatic obligations.
The order directs all federal agencies to take appropriate measures to enforce these sanctions. The stated purpose is to respond to the Government of Burma's continued repression of the democratic opposition.
Questions, answered
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