EU imposes more sanctions on Myanmar officials and entities
Reuters
Published Jul 20, 2023 16:54
BRUSSELS (Reuters) - The European Union on Thursday imposed a seventh round of sanctions on Myanmar in response to what it said was the escalation of violence and human rights violations since the 2021 military coup that overthrew elected leader Aung Suu Kyi.
The new sanctions target six persons and one entity, including the ministers for immigration and population, labour, and health and sports, the EU said in a statement.
"Restrictive measures currently apply to a total of 99 individuals and 19 entities. Those designated are subject to an asset freeze and a travel ban, which prevents them from entering or transiting through EU territory," it added
"In addition, EU persons and entities are prohibited to make funds available to those listed."
Myanmar has been in turmoil since the 2021 coup, with a resistance movement fighting the military on multiple fronts after a bloody crackdown on opponents that saw Western sanctions reimposed.
The junta said it had to take power because of voting fraud in a November 2020 general election that Suu Kyi's party easily won. Election monitoring groups found no evidence of mass fraud.
The junta has previously blamed the COVID pandemic and armed resistance groups for failing to achieve peace.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.