Myanmar Sanctions
Target: MyanmarSince 2021 (5 years)Active
$50M
Est. Economic Impact
2021
First Imposed
5 yrs
Active Duration
Overview
Sanctions reimposed after the February 2021 military coup that overthrew the elected government of Aung San Suu Kyi. Targets include military leaders, military-owned enterprises, and the gems and timber sectors that fund the junta.
Impact
Limited economic impact due to Myanmar's existing isolation and the junta's access to revenue from natural gas, gems, and timber. China and Russia continue to provide diplomatic cover and arms sales.
Key Fact
Myanmar's military earns an estimated $1.8 billion/year from natural gas exports that are largely exempt from Western sanctions.