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ARTICLE · 30 APRIL 2012

Canada Lifts Most Sanctions Against Burma

McCarthy Tétrault
McCarthy Tétrault
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Most of Canada's economic sanctions against Burma (Myanmar) have been repealed effective today. Enacted in 2007 and touted as being among the most aggressive in the world, Canada's sanctions and export controls prohibited most activities with Burma, including investment, exports and imports, the provision of financial services and technical data, the transiting of ships and aircraft, and dealings with designated persons.

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Most of Canada's economic sanctions against Burma (Myanmar) have been repealed effective today. Enacted in 2007 and touted as being among the most aggressive in the world, Canada's sanctions and export controls prohibited most activities with Burma, including investment, exports and imports, the provision of financial services and technical data, the transiting of ships and aircraft, and dealings with designated persons. These developments will raise new trade and investment opportunities for Canadian business, however firms should proceed with caution as certain restrictions remain in effect.

Today's amendments to the Special Economic Measures (Burma) Regulations (Regulations) can be found here.

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