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Thawing Drukair’s funds: U.S. Myanmar sanctions and Bhutan

May 31, 2025 6 mins read
Thawing Drukair’s funds: U.S. Myanmar sanctions and Bhutan

In 2003, as part of the U.S. government’s economic sanctions against Myanmar (Burma) funds belonging to Bhutan’s national airline were frozen. Acting under Executive Order 13310, of the Myanmar Sanctions Program, the U.S. Department of Treasury and American Express Bank, froze US$97,703 belonging to Drukair. These funds were intended for transfer to various Myanmar aviation entities. Instead, they

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