April 14, 2021

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UK bans Burmese companies over coup

LONDON, March 25 (EFE) .- UK Foreign Minister Dominguez Rob on Thursday announced sanctions against Myanmar Economic Holdings, a Burmese company owned by the country’s military. And human rights violations.

The federation, which includes local transport, tourism, tobacco and mining companies, is controlled by various departments, various Burmese military plantations and former active military officers and commanders.

Sanctions announced by London, as imposed by the United States, veto access to any funds of Myanmar Economic Holdings and its subsidiaries.

The move builds on the actions the UK announced in recent weeks against members of the military junta that controlled the country in early February.

“Today’s sanctions (Burmese) are aimed at the military’s financial interests, to help close the funding sources for their repressive campaigns against civilians,” the head of British diplomacy said in a statement.

The minister said his government was “at the forefront of a firm and cohesive international response” to the plot in Burma, and that the UN He further added that the Security Council requested that in addition to the International Atomic Energy Agency’s ongoing inspections in Iran, that it monitor Iran’s compliance with “the steps required by the IAEA Board”.

In addition to the sanctions announced so far, London has suspended “all trade promotion with Burma” and is working with British companies interested in the region to formulate a “new approach” to relations with Naipei. EFE

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