U.S. Government Issues Supplementary Business Advisory for Burma
Jan 29, 2024
U.S. Government Issues Supplementary Business Advisory for Burma
ASowah@doc.gov
Mon, 01/29/2024 – 10:02
FOR IMMEDIATE RELEASE
Friday, January 26, 2024
Office of Public Affairs
publicaffairs@doc.gov
Today, the U.S. Departments of Commerce, State, Treasury, Homeland Security, Labor and the U.S. Trade Representative published a Supplemental Business Advisory for Burma given significant additional developments since the previous advisory was issued in January 2022. This supplemental advisory highlights the additional sectors and activities of concern in the country, as well as the actions taken under various federal authorities and multilateral authorities to address destabilizing conduct involving the military regime or private entities located in Burma.
This supplemental information builds on and adds to the previous advisory, and is intended to inform individuals, businesses, financial institutions, and other persons, including investors, consultants, non-governmental organizations, and due diligence service providers (hereafter “businesses and individuals”) of the continued risks and considerations for businesses and individuals with exposure to entities responsible for undermining democratic processes, facilitating corruption, and committing human rights and labor rights abuses in Burma.
For more information, read the full advisory here.
Bureaus and Offices
International Trade Administration
Read the full report from the U.S. Department of Commerce: Read More
