In the wake of Myanmar’s significant democratic progress by electing a civilian-led government, in 2016, the United States terminated Burmese economic and financial sanctions, administered by the Department of the Treasury’s Office of Foreign Assets Control (OFAC). This move signalled the start of welcoming Myanmar back into the world’s economic and trade community.
In this infographic, learn the following:
- Enforcement history of Burma sanctions program violations
- Lifting of the sanctions in stages. How has this change come about?
- Major impacts of lifting the sanctions
- How does Myanmar shape up in terms of opportunity moving forward?