U.S. Lifts Sanctions on Myanmar businessman’s wife

10 July 2015
U.S. Lifts Sanctions on Myanmar businessman’s wife
Photo: Mizzima

The U.S. Treasury Department removed sanctions on the wife of a Myanmar businessman reported the Wall Street Journal on 9 July.
Treasury’s Office of Foreign Assets Control said Thursday, in a notice posted on its website, that it removed sanctions on Thidar Zaw, who was named with her husband Tay Za in the annex of a 2007 executive order imposing sanctions on cronies of the former Myanmar junta. Tay Za is one of Myanmar’s wealthiest businessmen.
However, it would appear that Tay Za remains under U.S. sanctions, as he did not appear on Thursday’s list of removals.
Thursday’s removals continue the slow progress of lifting U.S. sanctions on Myanmar, a process that began in 2012 amid thawing relations. A Treasury spokeswoman said the U.S. “will continue to support reform” in Myanmar.