Myanmar Pearl Enterprise

On the SDN listEntityBURMA-EO14014

Myanmar Pearl Enterprise (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: BURMA-EO14014. Addresses on file in: Burma. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Burma has 63 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Naypyitaw are listed below.

Sanctions program

Burma/Myanmar (Executive Order 14014) BURMA-EO14014

February 2021 order, issued after the military coup in Burma, targeting the armed forces, their leaders and the companies that finance them.

Addresses on file

  • Yazathingha Street, Zabuthri Township, Naypyitaw, Burma
  • No. 10, Strand Road, Kangyi Quarter, Myeik Township, Tanintharyi, Burma
  • 90 Kanbe St., Yankin Tsp., Rangoon, Burma
  • No. 4345 Bu Khwe, Naypyitaw, Burma

OFAC remarks

Target Type State-Owned Enterprise.

Other sanctioned entities in Naypyitaw

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Myanmar Pearl Enterprise is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Myanmar Pearl Enterprise?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.