You are subscribed to Press Releases for U.S. Department of State. This information has recently been updated, and is now available. 04/23/2015 04:01 PM EDT Delisting of SDN Win AungPress Statement Marie Harf Acting Department Spokesperson, Office of the Spokesperson Washington, DC April 23, 2015
The U.S. Department of the Treasury today removed Burmese national, Win Aung, and two of his businesses from the Specially Designated Nationals and Blocked Persons list (SDN List). The United States has made clear that Specially Designated Nationals (SDNs) – designated under any U.S. sanctions regime – can seek delisting. Our sanctions architecture for Burma remains in place. We have made clear to the Burmese Government that additional changes in U.S. sanctions policy are dependent on the government’s continuing its democratic and economic reforms and resolving disputes with members of ethnic groups. We will lift targeted sanctions based on actions by the SDNs and add individuals or entities to the SDN List as appropriate, for example, where there is evidence they have undermined the reform or peace processes, committed human rights abuses in Burma, or participated in military trade with North Korea. Removal from the SDN List is an administrative process overseen by the Treasury Department’s Office of Foreign Assets Control (OFAC). SDNs seeking delisting may petition OFAC by submitting verifiable information demonstrating that changed circumstances warrant their removal, including that they have taken positive steps and changed behavior. |
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