Australia Issues Further Sanctions on Businesses, Banks Linked to Burma Junta

Published on February 1, 2024

Australia has imposed additional sanctions on five entities linked to Burma’s military junta in an effort to protect civilians from further atrocities. The announcement by Foreign Minister Penny Wong on Feb. 1 marks the third anniversary of the military coup in Burma (also known as Myanmar). Two banks and three businesses will be subject to the sanctions—Myanma Foreign Trade Bank and Myanma Investment and Commercial Bank, and entities that supply jet fuel to the military junta, Asia Sun Group, Asia Sun Trading Co Ltd, and Cargo Link Petroleum Logistics Co Ltd. The sanctions will limit access to funds and materials that enable the Burmese military regime to continue to commit atrocities against its own people....

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