This bill keeps U.S. sanctions on Burma's military in place for two more years, requires annual reviews of key military-linked businesses for new sanctions, and blocks increases to Burma's IMF shareholding while the junta rules.
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BRAVE Burma Act is a Senate bill in committee. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Latest action on H.R. 3190: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Who this affects: This bill primarily targets Burma's military government and the businesses and financial institutions that support it. It also affects international financial governance by influencing Burma's standing at the IMF.
Why this matters: Burma's military seized power in a 2021 coup and has committed widespread human rights abuses. This bill is designed to keep financial pressure on the junta by making sure U.S. sanctions don't quietly expire and by forcing regular government attention on entities that bankroll military operations.
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