U.S. Treasury Department Expands Sanctions Against Myanmar

On October 6, 2022, the United States Treasury Department designated three Myanmar individuals and their company as targets of sanctions under Executive Order 14014¹ (E.O. 14014).^{2 3} These are the latest in a series of designations under E.O. 14014, which President Biden signed on February 10, 2021, following the military coup in Myanmar earlier that month.⁴ The Treasury Department has so far not enacted the more sweeping sanctions on the Myanmar energy sector that recent reporting suggests the Biden administration is considering.⁵

The Myanmar individuals and the affiliated corporation are:

• Aung Moe Myint;
• Hlaing Moe Myint;
• Myo Thitsar; and
• Dynasty International Company Limited.⁶