Dynasty Group of Companies

Waizayangdar Rd., no. 15, Ngwe Kyar Yan Quarter, South Okkalapa Township, Yangon Region, Myanmar, EMAIL[dynastygroup@myanmar.com.mm]

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32023R0378

Dynasty International Company Limited is a Burmese company that was founded by arms broker Aung Moe Myint. It has been used to facilitate arms deals on behalf of the Burmese military, including the import of aircraft parts in support of the Myanmar air force for air raids against villages and civilian infrastructure. Dynasty International Company Limited is therefore a legal person, entity or body owned or controlled by the Myanmar Armed Forces (Tatmadaw), or generating revenue for, providing support to or benefiting from the Myanmar Armed Forces (Tatmadaw).

EU

2023/378 (OJ L51 I)

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjfj8fBpfSFAxV2gf0HHYJpANwQFnoECA0QAQ&url=https%3A%2F%2Feur-lex.europa.eu%2Flegal-content%2FEN%2FTXT%2FPDF%2F%3Furi%3DCELEX%3A32023R0378&usg=AOvVaw0L9JleoAvH4VyRlRZv0X-5&opi=89978449

2023-02-20

EU

Restrictive measures in view of the situation in Myanmar/Burma

EU country specific

Myanmar

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

- 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 restrictions on persons listed in the Annex of Council Decision 2013/184/CFSP.

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 to Myanmar/Burma. In response to the positive developments and as a means of encouraging changes to continue, on 22 April 2013 the EU lifted all restrictive measures against Myanmar/Burma with the exception of the arms embargo and the embargo on equipment which might be used for internal repression. However, reacting to the systematic human rights abuses perpetrated by Myanmar/Burma military and security forces, in particular in Kachin, Rakhine and Shan states, the EU Foreign Ministers in February 2018 called for strengthened restrictive measures. Accordingly, in the course of 2018 the Council of the EU adopted additional measures that included an extension of the embargo on arms and equipment which might be used for internal repression, as well as targeted restrictive measures against senior military officers of the Myanmar armed forces. Derogations to the restrictive measures are possible, including the delivery of humanitarian aid. On 21 April 2022, the Council of the EU decided to renew the restrictive measures until 30 April 2023.