US would keep reviewing sanctions on Burma and try to limit its money power.
This bill would make the U.S. government check sanctions on some businesses and the jet fuel industry in Burma for seven more years. It would also work to stop Burma from gaining more financial power in the International Monetary Fund if its military government is still in charge. This would keep pressure on Burma's military leaders and those who support them financially.
Today, the President assesses sanctions on Burmese persons, but the duration and specific targets (like the jet fuel sector) are not as broad or long-term. The U.S. participates in IMF reviews without a specific instruction to limit Burma's shareholding. After this bill, the President would be required to conduct annual sanctions assessments for seven years, specifically targeting Burmese state-owned businesses, Myanma Economic Bank, and foreign companies in the jet fuel sector. The U.S. would also actively seek to limit Burma's financial influence at the International Monetary Fund if its military government is in power.
HR 3190 · 119th Congress · May 5, 2025 · AI Summary by gemini-2.5-flash · 8/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.