ExecutiveOrdersEO
Notice 14014NoticeTrump 47 · R

Presidential Notice 14014

Continuation of the National Emergency With Respect to the Situation in and in Relation to Burma

President Biden extended for one year the national emergency declared in Executive Order 14014 regarding Burma (Myanmar), originally declared on February 10, 2021. The notice continues sanctions authority under the International Emergency Economic Powers Act but does not impose new measures or modify existing ones.

Federal Register Open PDF 91 FR 5663

Impact dates

  1. Continued national emergency expires unless extended again

  2. Original emergency would have expired; continuation extends beyond this date

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Oil & gasOther industrialBanking & finance

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Burmese military-linked entities and sectors remain subject to blocking sanctions and trade restrictions
  • UncertainDownstream manufacturer — Supply chain due diligence requirements continue for any Burma-linked inputs, particularly gemstones, timber, and textiles
  • MixedDomestic producer — U.S. competitors of Burma-origin goods benefit from continued exclusion, but no new market openings created

Geographies

USOTHER

Exposure dates

  • — Original emergency would have expired; continuation extends beyond this date
  • — Continued national emergency expires unless extended again

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MAAPLAppleBACBank of AmericaBLKBlackRockCATCaterpillarLNGCheniere EnergyCVXChevronCOPConocoPhillipsXOMExxon MobilFCXFreeport-McMoRanGEVGE VernovaGSGoldman SachsHONHoneywellHSBCHSBCJPMJPMorgan ChaseSHELShellSPYSPDR S&P 500 ETFTSLATesla

Confidence: medium · Policy alerts

Key directives

  • Continue national emergency declared in EO 14014 for 1 year beyond February 10, 2026
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • Continuation of national emergency takes effect upon publication
  • Existing sanctions under EO 14014 remain in force

Near term (90d)

  • Potential calibration of pressure as administration monitors developments

Long term

  • Emergency authority extends through February 10, 2027 unless terminated or extended again

Risks & tensions

  • No new sanctions specified—'calibrate pressure' language is vague and forward-looking
  • Continuation maintains status quo rather than escalating or de-escalating
  • Bipartisan consensus on Burma policy may limit controversy despite ongoing atrocities
Presidential Notice 14014: Continuation of the National Emergency With Respect to the Situation in and in Relation to Burma · Executive Orders