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Global Trade Alert

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EU: Two companies added to the frozen fund list in the context of the sanctions against Myanmar/Burma

Description

On 11 December 2023, the European Union adopted Council Implementing Regulation (EU) 2023/2789 adding two companies headquartered in Myanmar/Burma to the list of entities whose funds and economic reso...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

11 Dec 2023

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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