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US sanctions on Myanmar: $1 b funds held in US blocked
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"The military must relinquish power they've seized and
demonstrate respect for the will of the people of Burma, as
expressed in their November 8 election," Biden said. |
WASHINGTON, Feb 11: The US has imposed sanctions on the military that took
power in Myanmar in a coup on February 1. Myanmar's military commander-in-chief
Min Aung Hlaing, who took control of the Government, had alleged that the ruling
party had resorted to irregularities in the national elections held November
last in which a pro-militray party had lost and Aung San Suu Kyi's ruling party
had won.
In his first move against a foreign country, President Joe Biden on Wednesday
okayed the executive order to "immediately sanction the military leaders who
directed the coup, their business interests as well as close family members."
"The US Government is also taking steps to prevent the generals from improperly
having access to the one billion dollars in Burmese government funds held in
the United States," Biden added. "We're also going to impose strong export controls,"
he said.
Thousands of people are staging protests against the military since the coup.
Biden asked the military to release detained protesters like Aung San Suu Kyi
and Win Myint and cease their crackdowns on demonstrators. "The military must
relinquish power they've seized and demonstrate respect for the will of the
people of Burma, as expressed in their November 8 election," he said.
"And finally, as protests grow, violence against those asserting their democratic
rights is unacceptable and we're going to keep calling it out. The people of
Burma are making their voices heard and the world is watching. We'll be ready
to impose additional measures and we'll continue to work with our international
partners to urge other nations to join us in these efforts," the president concluded.
A five-decade long milirary rule had ended in 2011 after protracted struggle
spearheaded by Suu Kyi. She was detained for 15 years from 1989 and had become
the icon of the movement for democracy in Myanmar and the world. She also received
the Nobel Peace Prize in 1991.
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