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EU Withdraws Sanctions Against Son of Burmese Tycoon

Posted March 14th, 2012 at 11:10 am (UTC-5)
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The European Union’s highest court has ruled that economic and travel sanctions should be lifted against a prominent Burmese businessman with links to the country’s former military government. A ruling published Tuesday by the European Court of Justice says there is not sufficient evidence to link tycoon Pye Phyo Tay Za to the erosion of […]

Tags: , , Posted in East Asia Pacific

EU Eases Burma Sanctions

Posted February 17th, 2012 at 10:40 am (UTC-5)
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The European Union on Friday eased some sanctions against Burma in response to political reforms initiated by the Southeast Asian country’s nominally-civilian government, which took power last year. The Council of the European Union says it has suspended visa restrictions on 87 top Burmese officials, including the president, vice presidents, members of parliament and their […]

Tags: , , , , Posted in East Asia Pacific

EU Eases Sanctions on Burma

Posted February 17th, 2012 at 6:55 am (UTC-5)
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The European Union on Friday eased some sanctions against Burma in consideration of political reforms that have taken place in the isolated country. The Council of the European Union said in a press release Friday that it has suspended admission restrictions on 87 top Burmese officials, including the president, vice presidents and members of parliament […]

Tags: , , Posted in East Asia Pacific

EU Eases Travel Bans on Burmese Officials

Posted January 23rd, 2012 at 7:25 am (UTC-5)
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The European Union says it is easing travel bans against top Burmese officials after the government carried out “remarkable” political reforms. EU foreign ministers said in a statement Monday the recent release of political prisoners in Burma shows the government is determined to continue reforms. They also welcomed the easing of media restrictions and efforts […]

Tags: , , Posted in East Asia Pacific

US Imposes Sanctions on China Oil Company Over Iran Trade

Posted January 12th, 2012 at 6:10 pm (UTC-5)
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The U.S. State Department has imposed sanctions on three energy trading companies for selling refined oil and gasoline to Iran, including against a Chinese company it says is Iran’s largest supplier of refined petroleum. Officials identified the three companies sanctioned Thursday as China’s state-run Zhuhai Zhenrong Company, Singapore’s Kuo Oil, and the United Arab Emirates’ […]

Australia to Ease Sanctions Against Burma

Posted January 9th, 2012 at 8:20 am (UTC-5)
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Australia says it will scale back sanctions against Burma in response to the Southeast Asian nation’s move toward democratic reforms. Foreign Minister Kevin Rudd, in a statement Monday, said Burmese tourism officials and ex-ministers from Burma’s military junta who have left politics will be removed from Canberra’s sanctions list. He said an arms embargo will […]

US House Expands Sanctions Against Belarus

Posted December 20th, 2011 at 9:40 pm (UTC-5)
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The U.S. House of Representatives passed a bill Tuesday tightening sanctions against Belarusian officials for their bloody year-long crackdown on anti-government protesters. The bill expands the list of Belarusian officials subject to a visa ban and financial penalties. It demands freedom for all political prisoners. It also calls on the International Ice Hockey Federation to […]

Tags: , , Posted in Europe

US Expands Iran Sanctions to Shipping Firms

Posted December 20th, 2011 at 3:50 pm (UTC-5)
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The United States has widened its sanctions against Iran to include 10 “shipping and front companies” accused of helping Iran’s effort to advance its missile programs and transport military cargoes. The U.S. Treasury Department announced the penalties on Tuesday, saying the companies and a Malta-based individual have ties to the Islamic Republic of Iran Shipping […]

Tags: , Posted in Middle East

Japan Widens Sanctions Against Iran

Posted December 9th, 2011 at 3:30 am (UTC-5)
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Japan announced Friday that it is imposing a fresh round of financial sanctions against Iran, as European Union leaders meeting in Brussels consider their own plan to turn up the pressure on Tehran over its controversial nuclear program. Japan’s cabinet on Friday said it will freeze the assets of 106 organizations, one individual and three […]

US Senate Advances Iran Central Bank Sanctions

Posted December 1st, 2011 at 10:15 pm (UTC-5)
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The U.S. Senate has unanimously approved a measure that would impose new sanctions against Iran because of its controverisal nuclear program. Lawmakers voted 100-0 Thursday evening in favor of the measure aimed at isolating and crippling Iran’s central bank. The measure would cut off from the U.S. market any business or financial entity that has […]

Tags: , , , Posted in Middle East

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