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United States and European Union Economic Sanctions

Hogan Lovells
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European Union, Myanmar, USA
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April 5 2012

The U.S. Government has imposed a number of restrictions that affect the ability of “U.S. persons” to conduct business with, or engage in commercial transactions involving, Myanmar through a complex web of executive orders, federal laws and related regulations

EU temporarily suspends BurmaMyanmar sanctions in natural resource sectors

Steptoe & Johnson LLP
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European Union, Myanmar, USA
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June 1 2012

On May 14, 2012, the Council of the European Union issued Council Regulation No. 4092012, which temporarily suspends certain import, export, and investment restrictions on Myanmar’s timber and minerals industries

U.S. government eases sanctions against Burma

Sidley Austin LLP
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Myanmar, USA
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July 12 2012

On July 11, 2012, the Office of Foreign Assets Control authorized new investment in and the exportation of financial services to Burma, thereby easing sanctions that have been in place for over 15 years

US eases sanctions against Myanmar

Herbert Smith Freehills LLP
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Myanmar, USA
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July 16 2012

On July 11, 2012, the US relaxed its sanctions regime against Myanmar by lifting the prohibition on the export of financial services to Myanmar and permitting US persons (which includes companies) to undertake new investment in Myanmar