Sat, 21 May 2022

Backgrounder: Additional Sanctions for Myanmar

Canada News Centre
26 Mar 2022, 01:29 GMT+10

Effective immediately, Canada is imposing sanctions against the following individuals and entities in relation to the coup perpetrated by Myanmar's armed forces on February 1, 2021.

Canadian measures

The Special Economic Measures (Burma) Regulations impose on listed persons a prohibition on any transaction (effectively, an asset freeze) by prohibiting persons in Canada and Canadians outside Canada from engaging in any activity related to any property of these listed persons or providing financial or related services to them.

The specific prohibitions are set out in the regulations.

The names of the individuals and entities added to the schedule of these regulations are the following:

Individuals

  • Aung Hlaing Oo
  • Sit Taing Aung
  • Aung Moe Myint
  • Htun Aung

Entities

  • Myanmar Chemical & Machinery Company Limited
  • Yatanarpon Aviation Support Company Limited

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