The new restrictions, announced by the Treasury Department’s Office of Foreign Assets Control on Wednesday, block all US-related transactions with the ministry, as well as with Myanma Foreign Trade Bank and Myanma Investment and Commercial Bank.
In a statement, Treasury said Myanmar has relied on foreign sources, including from Russia"to purchase and import arms, dual-use goods, equipment, and raw materials to manufacture weapons.”
Source: Financial Digest (financialdigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soccer-Barcelona to begin LaLiga title defence at GetafeMADRID (Reuters) - Barcelona will begin their Spanish league title defence away to Getafe on Aug. 13 while Real Madrid visit Athletic Bilbao the same weekend, the Spanish FA (RFEF) said on Thursday.
Source: staronline - 🏆 4. / 75 Read more »
Soccer-Girma tipped to be cornerstone of U.S. defence for yearsNEW YORK (Reuters) - United States defender Naomi Girma completes her meteoric rise from national team debutant to the Women's World Cup stage next month and many are predicting she will be a key player for the four-times champions for many years.
Source: staronline - 🏆 4. / 75 Read more »
Civil defence receive 4-wheel drive ambulancesThe Civil Defence Force received 15 4-wheel drive ambulances for use in rural areas in Sabah. A handing over ceremony was conducted by the State Secretary, D...
Source: DailyExpress_MY - 🏆 3. / 83 Read more »
Energy Ministry announces surcharge cut for non-domestic industrial electricity users in bid to lower inflationPUTRAJAYA, June 23 — Non-domestic industrial users of electricity will see a surcharge reduction from 20 sen per kilowatt hour (kWh) to 17 sen starting July until December this...
Source: malaymail - 🏆 1. / 86 Read more »
Agriculture Ministry: Govt sets ceiling price for local rice at producer, wholesale levelPUTRAJAYA, June 23 — The government has set a ceiling price for the sale of local rice at producer and wholesale level effective June 16 as an immediate measure to ensure that...
Source: malaymail - 🏆 1. / 86 Read more »
Tourism Ministry eyes making Malaysia a regional hub for pilgrims to gather before going for umrahBINTULU, June 24 — The Ministry of Tourism, Arts and Culture (MoTAC) plans to introduce Malaysia as a key umrah hub where Muslims from the Asian region could gather before...
Source: malaymail - 🏆 1. / 86 Read more »