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On March 24, Canada amended its sanctions measures imposed on Myanmar by designating an additional 4 individuals and 2 entities. The Canadian Government indicated that these new sanctions are intended to target arms flows, individuals and entities who procure and supply arms and military equipment to Myanmar. These new measures were developed in coordination with the United Kingdom and United States.

Generally speaking, a designation under these regulations imposes an asset freeze and dealings prohibition, subject to limited exceptions, which prohibits any person in Canada or any Canadian outside Canada to:

  • deal in any property, wherever situated, that is owned, held or controlled by or on behalf of a designated person;
  • enter into or facilitate any transaction related to a dealing referred to above;
  • provide any financial or related services in respect of a dealing referred to above;
  • make available any goods, wherever situated, to a designated person or a person acting on behalf of a designated person; or
  • provide any financial or related service to or for the benefit of a designated person.

An unofficial copy of the legislative amendments to the Special Economic Measures (Burma) Regulations that came into effect on March 24th are available on Global Affairs’ website at here.

Author

Paul Burns has over 35 years of experience advising clients on all aspects of international trade and commodity tax, including significant experience advising on Canadian customs and export control matters. Paul obtained his LL.B. from the University of Western Ontario. For many years, he served as the practice group coordinator of the International Commercial Practice Group in Baker McKenzie's Toronto office.

Author

Brian Cacic assists clients on all substantive Canadian customs, trade sanctions and export controls issues, including complex customs valuation, tariff classification, rules of origin, marking, remissions and drawbacks. He assists clients to develop and implement effective customs and trade compliance programs, and he regularly conducts internal compliance reviews, prepares voluntary disclosures, and represents clients in Canadian customs compliance audits and enforcement actions. He also provides trade compliance and regulatory advice in connection with corporate restructurings, mergers and acquisitions, and advises clients on trade-related legislative matters.

Author

Jesse Kaminski is an Articling Student in Baker McKenzie Toronto office.