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The Financial Express

US takes further actions against Burmese military regime  

| Updated: July 08, 2021 10:34:24


US takes further actions against Burmese military regime   

The United States has taken further actions against the Burmese military regime, according to a statement issued on Saturday.

In response to the brutal campaign of violence perpetrated by the Burmese military regime and to continue imposing costs in connection with the military coup, the US Department of the Treasury’s Office of Assets Control is designating today 22 individuals connected to the regime, pursuant to Executive Order 14014 “Blocking Property With Respect to the Situation in Burma.”

These include three additional State Administration Council (SAC) members and four military-appointed cabinet members, as well as 15 adult children or spouses of previously designated Burmese military officials whose financial networks have contributed to military officials’ ill-gotten gains, as per the statement.

In addition, the US Department of Commerce is adding Wanbao Mining, Ltd., two of its subsidiaries, and King Royal Technologies to its Entity List.  These entities provide revenue and/or other support to the Burmese military, and Wanbao Mining and its subsidiaries have long been implicated in labor rights violations and human rights abuses, including at the Letpadaung copper mine.

Today’s measures further demonstrate that we will continue to take additional action against, and impose costs on, the military and its leaders until they reverse course and provide for a return to democracy, the statement reads.

The United States is committed to promoting accountability for the Burmese military, the SAC, and all those who have provided support for the military coup.

 The United States will continue to urge the Burmese military to fully cooperate in the ASEAN Five Point Consensus's expeditious implementation and immediately restore Burma’s path to democracy.  The United States will remain a steadfast advocate for the people of Burma’s ability to determine the future of their country, as per the statement.

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