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US Sanctions Myanmar’s State Oil and Gas Enterprise

oktober 31, 2023by Reacties uitgeschakeld voor US Sanctions Myanmar’s State Oil and Gas Enterprise

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Washington – The U.S. has imposed sanctions on Myanmar’s government-owned Myanma Oil and Gas Enterprise, or MOGE.

According to a statement Tuesday from the U.S. Treasury, the action was taken to curb the growth of Myanmar’s ruling junta. MOGE is a main source of revenue for the military government that has used money from the enterprise to purchase military weapons and material from abroad.

The action prohi

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