U.S. export regulatory action in response to military coup in Myanmar
U.S. export regulatory action, military coup
The Bureau of Industry and Security (U.S. Commerce Department) released a final rule to amend the Export Administration Regulations (EAR) to apply more restrictive treatment to exports and reexports to, and transfers within, Myanmar (Burma) of items subject to the EAR.
The final rule [PDF 263 KB] (six pages as published in the Federal Register on March 8, 2021) was issued in response to the Burmese military coup that overthrew the democratically elected government of Myanmar, and is scheduled to be published in the Federal Register on March 8, 2021.
The final rule strengthens export controls on Myanmar and enhances the U.S. government’s efforts to determine that items subject to the EAR are not available to Burma’s military and security services.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby |
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.