Representative Renews Bill to Bolster Myanmar Sanctions
Rep. Bill Huizenga, R-Mich., reintroduced a bill May 5 designed to strengthen sanctions against several sources of funding for Myanmar’s military.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The Bringing Real Accountability via Enforcement in Burma Act, or the Brave Burma Act, would require the president to determine annually whether to impose stronger property-blocking sanctions on Myanma Oil and Gas Enterprise, Myanma Economic Bank and foreign persons operating in the jet fuel sector of Myanmar’s economy. The legislation is intended to diminish the Myanmar military's ability to commit human rights violations against civilians.
Treasury Secretary Scott Bessent said during a House Financial Services Committee hearing May 7 that his department would work with Huizenga on the legislation. “I share your concern about imposing consequences on persons who threaten the peace and security of Burma,” Bessent said.
The bill, which has five co-sponsors, was referred to the Foreign Affairs, Financial Services and Judiciary committees. Huizenga previously introduced the legislation in the last Congress (see 2407020031).