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Families, Housing, Community Services and Indigenous Affairs
Page: 2835
Senator Ludlam
asked the Minister representing the Minister for Foreign Affairs, upon notice, on 11 December 2009:
Why are the managing directors and boards of directors of Burmese regime’s largest earning company, the military-owned Myanmar Oil and Gas Enterprise, not on the Australian financial sanctions list, while managing directors and boards of directors of other military-owned enterprises, such as Bandoola Transportation Co., Myawaddy Trading Co., Myanmar Brewery Ltd, Union of Myanmar Economic Holdings Ltd, Myanmar Land and Development and Hsinmin Cement Plant Construction Project are.
Senator Faulkner (Minister for Defence)
—The Minister for Foreign Affairs has provided the following answer to the honourable senator’s question:
Mr Smith indicated in his Ministerial Statement of 8 February 2010 that the Burma sanctions list announced in October 2008 will remain in operation for the present.
Consistent with past practice, any update to the sanctions list will take into account personnel movements in the regime and further information about members of the State Peace and Development Council, ministers, senior military officers, prominent business associates of the regime, and immediate family members of these individuals.