U.S. traders flouting sanctions on buying Myanmar teak, report says

Vast quantities of timber from Myanmar continue to enter the United States despite sanctions on the country’s state-controlled timber monopoly, according to a new report from U.K.-based watchdog group the Environmental Investigation Agency (EIA).

Following the February 2021 military coup and violent crackdowns on citizens, countries including the U.S., Canada, the European Union, Switzerland, and the United Kingdom placed sanctions on Myanmar’s junta leaders and military-run enterprises from the forestry, mining, and oil and gas sectors in an effort to curb the regime’s access to natural resource revenues.

Source: U.S. traders flouting sanctions on buying Myanmar teak, report says