Despite sanctions put in place against the brutal military junta in Myanmar, US traders continue to source precious teak from the country for luxury yachts and flooring
The US Department of the Treasury has today (21 April) hit two major State-owned businesses in Myanmar with trade and economic sanctions
In light of the news yesterday that the loss of forests is on the rise, at rates that are around 40 percent higher than five years ago, we are highlighting or Toxic Trade report, produced by our US office.
Our new report State of Corruption has been used to challenge the German Navy over its use of illegitimate Myanmar teak in the controversial refit of a prestigious training vessel.
The multi-million dollar international trade in Burmese teak is riddled with crime and high-level corruption in Myanmar, driving conflict and human rights abuses..
This study shows how the US Lacey Act, which bans trade in wildlife, fish and plants sold in violation of any foreign law, prohibits timber sold in violation of the European Union Timber Regulation, which bars illegal timber and requires due diligence to be carried out on supply chains to identify risks of illegality.