Predictions
- EU sanctions and UN resolution will push junta closer to countries still willing to cooperate, including Russia, China and Belarus
- Sanctions increasingly likely to target national oil and gas company to limit military funding, potentially making current joint ventures untenable
- Moscow will remain crucial ally, providing military equipment as well as vaccines to help tackle rising COVID-19 infection curve
Event
The EU imposed asset freezes and travel bans on eight officials on 21 June, including the home affairs minister responsible for the police force, and sanctioned four state- or military-owned companies, including firms in the gem and timber industries. The UK also added three state-owned companies to its sanctions list that day, including state-owned pearl and timber firms.
Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.