Htoo Group of Companies

5 Pyay Roas, Hlaing Township, Yangon, Myanmar, WEB[https://htoo.com/] PHONE[+95 1 500344 / +95 1 500355] (Place of registration: Myanmar/Burma)

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv%3AOJ.L_.2022.040.01.0010.01.ENG&toc=OJ%3AL%3A2022%3A040%3ATOC

Htoo Group of Companies is a private conglomerate founded and chaired by U Tay Za, who is closely connected to the top leadership of the Myanmar Armed Forces (Tatmadaw). Its activities include trading, banking, mining, tourism and aviation. Htoo Group of Companies provided the Tatmadaw with financial support in 2017 in connection to the Rakhine ‘clearance operations’ and thus contributed to serious human rights violations in 2017 against the Rohingya population. Additionally, Htoo Group of Companies has acted as an intermediary for the provision of military equipment which was used against civilian populations protesting against the 1 February coup, all across the country and in particular in areas with ethnic minorities. By contributing to the military’s capabilities to carry out activities undermining democracy and the rule of law in Myanmar/Burma, Htoo Group of Companies provided support to the Tatmadaw, and engaged in actions that threaten the peace, security or stability of Myanmar/Burma.

EU

2022/239 (OJ L40)

(Date of UN designation: 2022-02-21)

2022-02-21

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.