The European Union has imposed new sanctions on a state-owned timber enterprise in Myanmar following the coup in February, as part of an international effort targeting businesses whose profits are funding the country’s military leadership.
EU officials last month sanctioned Myanma Timber Enterprise (MTE), an entity under the Ministry of Natural Resources and Environmental Conservation (MONREC). Since MTE regulates all harvesting and sales of Myanmar timber, including exports to international markets, the sanctions mean it is now illegal for businesses in the EU to directly import any timber from Myanmar.
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