Myanmar Timber Enterprise (MTE)

List

Reference number MYA0025
Type Company
List name UK List
Programs Myanmar
Remark The Myanmar military seized power from civilian leaders on 1 February in a coup d’état and established a military junta. Since then all state institutions have come under the control of the State Administration Council (SAC), who oversee the governance and expenditure of ministries. The SAC/military junta undermines democracy and, together with the Myanmar Security Forces, is responsible for the repression of the civilian population. Myanmar Timber Enterprise is a state-owned enterprise which operates under the Ministry of Natural Resources and Environmental Conservation (MONREC) and provides funding directly to the Ministry of Planning and Finance (MOPF). There are reasonable grounds to suspect that MTE, is under the control of, and/or is associated with, the SAC via its subservient relationship with MONREC; Further or alternatively, there are reasonable grounds to suspect that MTE makes available funds or economic resources, to the SAC/military junta that could contribute to undermining democracy and repressing the civilian population.
Added 11.11.2022

Names

Name Myanmar Timber Enterprise (MTE)
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control subjects included in sanction list, Canada, Australia.