US Treasury Department removes Theint Win Htet from its Myanmar sanctions list
9 October 2026
The United States Department of the Treasury removed Theint Win Htet from its sanctions list. She is the daughter of Thein Win Zaw, whose family founded the Shwe Byain Phyu Group of Companies. The Treasury had designated that group in January 2024, saying it supplied fuel to Myanmar's military and owned at least 20 firms closely tied to the military leadership. Her mother was taken off the list in 2025. Theint Win Htet had gone to court twice over her listing; the first case was dismissed in 2025 and she filed a fresh complaint in July 2026, arguing she had no role in her father's business. Her lawyer moved to withdraw that suit after the delisting.
Business group designated in January 2024:
Shwe Byain Phyu Group of Companies
Firms said to be owned by the group:
at least 20
Why it matters for exams: Economic sanctions on Myanmar are administered by the United States Department of the Treasury, a body-and-function fact that recurs in international relations questions.
UPSC