Last Updated: June 9, 2024

Forest Products Joint Venture Corporation Limited

Address

['422/426 Strand Rd. (Rm 2, 2nd Flr,), Corner of Botahtaung Pagoda St., FJVC Center, Ward (4), BTHG, Yangon, Myanmar, PHONE[01-9010742; 01-9010744; 09-443250050] EMAIL[fjv.md@gmail.com]' '52/66, Botahtaung Pagoda St. (Rm 2, 3rd Flr), Lower Block, Botahtaung Township, Yangon, Myanmar, PHONE[01-9010742; 01-9010744; 09-443250050;] EMAIL[fjv.md@gmail....

Linked to

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32023R0886

Official reason

Forest Products Joint Venture Corporation Limited (FPJVC) operates in timber industry in Myanmar processing teak and hard wood. Despite being a public company, FPJVC is controlled by the State, which (i) holds the majority of FPJVC’s shares through the Ministry of Natural Resources and Environmental Conservation (MONREC) (10 %) and the state-owned ...

Other Information

(Date of UN designation: 2021-06-21)

Date of listing

2023-04-28

Program information

Authority

EU

Program

Restrictive measures in view of the situation in Myanmar/Burma

Regime

EU country specific

Target State

Myanmar

Measures

Asset freeze and prohibition to make funds available, Restrictions on admission

Sanctions Portfolio

- All assets of the persons and entities listed in Annexes IV of Council Regulation (EU) 401/2013 should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. The list of persons and entities concerned is included in the Financial Sanctions Database (linked). - Member States shall enforce travel rest...

Official Information

In view of the absence of progress towards democratization and of the violation of human rights in Myanmar/Burma, on 28 October 1996, the EU reaffirmed the restrictive measures already in place, which included an arms embargo, and introduced additional ones, such as travel restrictions and the suspension of high-level bilateral governmental visits ...

Program URL

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013D0184-20210621&fbclid=IwAR0aIQnhLlfDnP0xn_quu9Lbspv8IE6NVrAMZlPRSROKs-MdZS6xhSJdTQI