{"id":7831,"date":"2026-10-10T08:40:00","date_gmt":"2026-10-10T08:40:00","guid":{"rendered":"https:\/\/sotnews.agency\/?p=7831"},"modified":"2026-10-10T08:40:00","modified_gmt":"2026-10-10T08:40:00","slug":"us-lifts-sanctions-on-daughter-of-military-linked-myanmar-businessman-boycott-divestment-sanctions-news","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=7831","title":{"rendered":"US lifts sanctions on daughter of military-linked Myanmar businessman | Boycott, Divestment, Sanctions News"},"content":{"rendered":"
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Delisting comes days after Trump administration reportedly reopened talks with Myanmar\u2019s government.<\/em><\/p>\n<\/div>\n

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Published On 10 Oct 2026<\/span>10 Oct 2026<\/span><\/p>\n<\/div>\n<\/div>\n

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The United States has removed sanctions on the daughter of a Myanmar businessman accused of supporting the military-installed government.<\/p>\n

The US Department of the Treasury removed Theint Win Htet from its sanctions list on Friday, according to its website, after she sued them in July.<\/p>\n

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The decision followed a Reuters news agency report that said US President Donald Trump\u2019s administration has opened talks with Myanmar\u2019s government, a break from years of US policy that sanctioned the generals responsible for a coup in 2021 against Myanmar\u2019s democratically elected government.<\/p>\n

In January 2024, the Treasury Department under former President Joe Biden\u2019s administration targeted the Shwe Byain Phyu Group of Companies, which was founded by Theint Win Htet\u2019s father, Thein Win Zaw, along with his family.<\/p>\n

The department said the company supplied fuel to the military and owned at least 20 firms with close ties to the military leadership.<\/p>\n

Theint Win Htet originally requested her removal in a lawsuit filed against the Biden administration. That case was dismissed last year. She then filed a second complaint in July, arguing that she has no role in her father\u2019s business.<\/p>\n

The sanctions had blocked her US credit cards, restricted her foreign bank accounts and forced her to abandon her master\u2019s degree at Columbia University in New York. She now lives in Thailand with her mother, who was taken off the US sanctions list last year.<\/p>\n

Theint Win Htet\u2019s lawyer, Washington, DC-based sanctions specialist Erich Ferrari, filed a notice with the federal court in the US capital on Friday to voluntarily dismiss the lawsuit after her delisting.<\/p>\n

\u2018Deplorable\u2019<\/h2>\n

The group Justice For Myanmar has condemned the Treasury Department\u2019s decision, saying Myanmar\u2019s military is escalating attacks on civilians.<\/p>\n

\u201cIt is deplorable that the US government continues to delist Myanmar cronies and their family members that provide funding for the junta\u2019s terror,\u201d the \u200cgroup \u200csaid.<\/p>\n

The Biden administration imposed sanctions on military officers and companies after the 2021 coup, which sparked a civil war that has killed about 100,000 people and displaced more than 3.5 million.<\/p>\n

Washington lifted sanctions in July last year on several other Myanmar nationals and a company accused of aiding the military.<\/p>\n<\/div>\n\n

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Delisting comes days after Trump administration reportedly reopened talks with Myanmar\u2019s government. Published On 10 Oct 202610 Oct 2026 The United States has removed sanctions on the daughter of a Myanmar businessman accused of supporting the military-installed government. The US Department of the Treasury removed Theint Win Htet from its sanctions list on Friday, according…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_templately_pack_id":"","_templately_imported_at":"","_templately_source":"","_templately_import_session_id":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-7831","post","type-post","status-publish","format-standard","category-international-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t