Exclusive: U.S. to blacklist Myanmar military companies after deadly crackdown - sources


FILE PHOTO: Protesters run during a crackdown on anti-coup protests at Hlaing Township in Yangon, Myanmar March 17, 2021. REUTERS/Stringer/File Photo

WASHINGTON (Reuters) - The United States is planning to impose sanctions on two conglomerates controlled by Myanmar's military over the generals Feb. 1 coup and a deadly crackdown, two sources familiar with the matter said on Wednesday.

The move by the U.S. Treasury to blacklist Myanmar Economic Corporation (MEC) and Myanma Economic Holdings Ltd (MEHL) and freeze any assets they hold in the United States could come as early as Thursday, sources said.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read