
US Government acts against Myanmar military coup with tough sanctions on timber
The US Department of the Treasury has today (21 April) hit two major State-owned businesses in Myanmar with trade and economic sanctions
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- Campaigns:
The US Department of the Treasury has today (21 April) hit two major State-owned businesses in Myanmar with trade and economic sanctions
As Myanmar suffers escalating violence under the military coup, one teak trading company has been caught boasting about continuing to import timber regardless of the consequences
Amid the chaos of the brutal military coup in Myanmar and despite previous crackdowns on illegal timber trafficking over its border with China, EIA has established that a major new criminal syndicate is operating the trade
The crackdown on Myanmar teak in the Netherlands has expanded to include criminal prosecutions against a range of companies and individuals, EIA has learnt
EIA is calling on financial institutions with a footprint in East Asia to step up efforts to identify and act on transactions linked to the illegal wildlife trade
EIA’s Forests team has been working on the ground in Myanmar since the country began to emerge from under the shadow of brutal military dictatorship in 2011, exposing illegal timber trade and helping to provide the tools for meaningful reform of its natural resources sector – but all that changed with the coup on 1 February