US Lifts Sanctions on Myanmar Junta's Allies After Military Chief Praises Trump

The United States has lifted sanctions on several allies of Myanmar's ruling generals and their military-linked companies. Junta chief Min Aung Hlaing seized power in a 2021 coup, leading to a civil war that has caused casualties and displacement. The decision to lift sanctions followed a letter of praise from Min Aung Hlaing to former US President Donald Trump. Rights groups are concerned about the implications of this move.

The US Treasury removed sanctions on entities like KT Services & Logistics and Myanmar Chemical and Machinery Company. Despite ongoing conflict and civilian casualties, the sanctions were lifted without a clear explanation. Human Rights Watch and analysts have criticized the decision, highlighting the ties of the delisted individuals to Myanmar's military regime.

Myanmar's military continues deadly air strikes against civilians, with recent incidents resulting in civilian deaths. The military's ability to import aviation fuel despite sanctions has enabled these air strikes. Financial levers, such as import tariffs, remain crucial in influencing the regime's actions. The US still maintains sanctions against key individuals and state-owned banks to restrict the regime's access to foreign currency.

According to the source: Australian Broadcasting Corporation.