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US lifts sanctions on Myanmar military-linked businessman's daughter

US lifts sanctions on Myanmar military-linked businessman's daughter

Rule Changes

Delisting comes as Washington opens direct talks with Myanmar's military government

Today: Treasury removes Theint Win Htet from SDN list

Overview

Updated 2 hours ago

The US Treasury removed Theint Win Htet from its Specially Designated Nationals (SDN) list on Friday. She is the daughter of fuel tycoon Thein Win Zaw, whose Shwe Byain Phyu Group was sanctioned in January 2024 for supplying fuel to Myanmar's military.

Her delisting came days after Reuters reported the Trump administration had opened direct talks with Myanmar's military-installed government, reversing five years of isolation policy. The talks center on shutting down scam centers that defraud Americans and on Myanmar's rare-earth deposits; no US sanctions were formally tied to them.

Campaign group Justice For Myanmar condemned the move, saying relief for junta-linked figures funds what it calls the military's terror. Her father remains on the sanctions list.

Why it matters

Each delisting weakens the five-year US sanctions wall around Myanmar's junta, letting military-linked money flow back into global markets.

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Key Indicators

100,000
Estimated deaths in Myanmar's post-coup civil war
Civilian and combatant deaths since the February 2021 military takeover.
3.5M
People displaced since the 2021 coup
More than 3.5 million people have been driven from their homes.
2
US delisting rounds for Myanmar figures since July 2025
A July 2025 batch plus Theint Win Htet in October 2026.

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People Involved

Organizations Involved

Timeline

February 2021 October 2026

8 events Latest: Today
Tap a bar to jump to that date
  1. Treasury removes Theint Win Htet from SDN list

    Today Sanctions

    US delists the businessman's daughter; her lawyer voluntarily dismisses her lawsuit.

  2. Reuters reports US opened direct Myanmar talks

    Diplomacy

    Reporting reveals Washington reversed its isolation policy and engaged the military-installed government.

  3. Top US official meets Myanmar military leader

    Diplomacy

    Assistant Secretary Michael Vance meets Min Aung Hlaing in Naypyidaw, the highest US contact since the coup.

  4. US lifts sanctions on other Myanmar nationals

    Sanctions

    Treasury removes several other Myanmar nationals and a firm from the sanctions list.

  5. Treasury sanctions Shwe Byain Phyu Group

    Sanctions

    US sanctions the conglomerate, its founder Thein Win Zaw, and his family for supporting the military.

  6. Military coup ousts elected government

    Political Event

    Myanmar's military seizes power, triggering mass protests and a nationwide civil war.

Scenarios

1

US expands sanctions relief to more junta-linked figures

Possible Resolves by Q2 2027

Discussed by: Reuters sources familiar with the talks; Justice For Myanmar warns of ongoing crony delistings

If talks on scam centers and rare earths make progress, the Treasury may remove more military-linked individuals and entities. The July 2025 and October 2026 batches show a working pattern: a targeted delisting, followed by quiet legal closure.

2

US and Myanmar announce a deal on scam centers or rare earths

Possible Resolves by Q2 2027

Discussed by: US officials familiar with Michael Vance's mandate, cited by CNA and Reuters

The stated US goal is shutting down scam hubs that defraud Americans, with Myanmar's rare-earth deposits as a secondary prize. A formal public agreement would be the first concrete US-junta deal since the coup.

3

Engagement stalls without deals or further relief

Possible Resolves by End of 2027

Discussed by: Officials cited by Reuters note obstacles: rare earths lie in territory held by ethnic armies fighting the junta

Talks could stall over human rights demands, China's role, or the junta's own conditions. Without a public deal or further delistings, the two delisting rounds stand as isolated moves rather than the start of a broader unwind.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

December 2020

Sudan removed from state sponsors of terror list (2020)

The Trump administration removed Sudan from the State Sponsors of Terrorism list after Khartoum paid $335 million to terror victims' families and agreed to normalize relations with Israel.

Then

Sudan gained access to international finance and debt relief.

Now

The deal became a template for trading sanctions relief for specific concessions rather than political reform.

Why this matters now

It shows the playbook the current administration appears to be applying to Myanmar: relief for concrete cooperation, with no reform conditions attached.

2012-2015

Obama's opening to Myanmar (2012-2015)

The US lifted most sanctions as Myanmar's quasi-civilian government under President Thein Sein released Aung San Suu Kyi, held elections, and opened the economy.

Then

Foreign investment flooded in and Washington normalized ties.

Now

The 2021 coup overturned the reforms that the opening rewarded.

Why this matters now

Today's talks reopen engagement with the same military that crushed those reforms, raising the question of what conditions, if any, Washington is demanding.

Sources

(8)