Sanctioning Two State-Owned Banks and the Ministry of Defense for the Burma Military Regime’s Atrocities
PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE JUNE 21, 2023 Today, the United States is designating Burma’s Ministry of Defense (MoD) and two of Burma’s largest regime-controlled banks, Myanma Foreign Trade Bank (MFTB) and Myanma Investment and Commercial Bank (MICB). MFTB and MICB have been instrumental in facilitating the regime’s use of foreign currency to procure arms from abroad for ... Read More»