EU expands its sanctions in Myanmar
TARGETING MILITARY: Ban Ki-moon called on the UN Security Council to protect civilians in Myanmar and for ASEAN to send a high-level delegation to the nation
AP, BANGKOK
The EU on Monday expanded its sanctions against Myanmar’s military leaders and army-controlled companies ahead of a regional meeting to discuss the crisis after army leaders deposed the elected government.
The Council of the EU’s latest sanctions target 10 individuals and two military-controlled companies already subject to sanctions by the US, Britain and other governments.
It is unclear if such moves are having any impact as the military escalates its efforts to crush opposition to its seizure of power.
India s Adani Faces Scrutiny for Port Deal in Myanmar | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Share
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed Myanma Gems Enterprise on its Specially Designated National list which means the vast majority of Burmese rubies, jade, and other gems cannot be purchased by U.S. companies.
Myanma Gems Enterprise also known as Myanmar Gems Corp. and Myanmar Gems Enterprise is a subdivision of the government’s ministry of mines and is “responsible for all gemstone activities in Burma,” according to a statement from the Treasury Department. It also organizes the local emporiums and sales where rubies and jade are sold, including one currently taking place in the country’s capital, Naypyitaw. (The company did not respond to a request for comment submitted via its Facebook page.)
nikkei.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nikkei.com Daily Mail and Mail on Sunday newspapers.
French Energy Giant Halts Myanmar Hydropower Project Over Human Rights Concerns irrawaddy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irrawaddy.com Daily Mail and Mail on Sunday newspapers.