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


  • World
  • Thursday, 25 Mar 2021

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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Men or bears? Women’s safety debate pops on social media
Trucker was watching Netflix in crash that killed grandparents, US cops say. He’s charged
Google unveils AI for predicting behaviour of human molecules
Microsoft’s Xbox�is planning more cuts after studio closings
Sperm whale speech – with ‘alphabet’ – is decoded. What other animals can AI translate?
US judge grills Apple exec about whether company is defying order to enable more iPhone payment options
Delivery app Getir’s rise and fall fuelled by billions of dollars and strategy conflicts
Australian startup mimics trees to make cheaper green hydrogen
Apple’s iPad ‘Crush’ ad causes uproar amid AI anxiety
Sheriff requests nude photos from female inmate in exchange for favourable treatment, US feds say

Others Also Read