Current:Home > MarketsOpponents of military rule in Myanmar applaud new sanctions targeting gas revenues -Wealth Empowerment Zone
Opponents of military rule in Myanmar applaud new sanctions targeting gas revenues
View
Date:2025-04-12 22:23:16
BANGKOK (AP) — A U.N.-appointed human rights expert and opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the United States, the United Kingdom and Canada on companies providing financial resources to the army-installed regime and high-ranking officials. The move is linked to rising violence and human rights abuses in the Southeast Asian nation.
The U.S. Treasury Department said Tuesday it was imposing sanctions on Myanmar’s state-owned Myanma Oil and Gas Enterprise, a joint venture partner in all offshore gas projects and a vital source of hard cash for the military government. The sanctions block access to money and resources under U.S. control, and prohibit U.S. citizens from providing financial services to — or for the benefit of — MOGE starting from Dec. 15.
Five officials are on the sanctions list: the ministers of industry and investment and foreign economic relations; the director generals of the prosecution and prisons departments; and the chief of general staff for the combined military forces. Three organizations were also designated for sanctions, according to the Treasury Department.
The U.K. also sanctioned five people and one entity that it said are involved either in providing financial services to the regime or the supply of restricted goods, including aircraft parts.
Canada also imposed sanctions against 39 individuals and 22 entities in coordination with the U.K. and the U.S.
Tom Andrews, a special rapporteur working with the U.N. human rights office, said in a statement that the fresh sanctions were important steps forward and that the ban on financial services that benefit MOGE would hit the junta’s largest source of revenue.
“These actions signal to the people of Myanmar that they have not been forgotten, but there is much more that the international community can and must do.” said Andrews, urging U.N. member states to take stronger, coordinated action “to support the heroic efforts of the people of Myanmar to defend their nation and save their children’s future.”
Justice for Myanmar, an underground group of researchers and activists from Myanmar, also said the U.S. move against MOGE was a welcome step “to disrupt the junta’s single biggest source of foreign revenue.” The group operates covertly because the military government does not tolerate critics of its rule.
“The U.S. should continue to target the junta’s access to funds, including through full sanctions on MOGE in coordination with its allies,” the group said in a statement.
The sanctions are the latest the Western governments have imposed on Myanmar’s military regime, after the army seized power from the elected civilian government of Aung San Suu Kyi on Feb. 1, 2021.
Widespread nonviolent protests following the military takeover were suppressed by deadly force and triggered armed resistance in much of the country that some experts characterize as a civil war.
“Today’s action, taken in coordination with Canada and the United Kingdom ... denies the regime access to arms and supplies necessary to commit its violent acts,” Brian Nelson, the Treasury Department’s undersecretary for terrorism and financial intelligence, said in a statement.
“Collectively, we remain committed to degrading the regime’s evasion tactics and continuing to hold the regime accountable for its violence,” he said.
The Myanmar public and human rights groups had called for sanctions targeting gas revenues shortly after the army takeover. About 50% of Myanmar’s foreign income derives from natural gas revenues. Several offshore gas fields operate in Myanmar’s maritime territory, run by companies from Thailand, Japan, Malaysia, India and South Korea in partnership with MOGE. China is an investor in the pipeline that delivers the gas to the country.
The European Union imposed sanctions against MOGE in February last year.
veryGood! (668)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- If you mute Diddy songs, what about his hits with Mary J. Blige, Mariah, J. Lo and more?
- How many points did Bronny James score tonight? Lakers-Bucks preseason box score
- A Mississippi officer used excessive force against a man he arrested, prosecutors say
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- Modern Family's Ariel Winter Shares Rare Update on Her Life Outside of Hollywood
- Tigers ready to 'fight and claw' against Guardians in decisive Game 5 of ALDS
- Biden tells Trump to ‘get a life, man’ and stop storm misinformation
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Anderson Cooper hit by debris during CNN's live Hurricane Milton coverage
Ranking
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- Days of Our Lives Star Drake Hogestyn's Cause of Death Revealed
- Coats worn by Carolyn Bessette-Kennedy, fashion icon and JFK Jr.'s wife, to be auctioned
- A hurricane scientist logged a final flight as NOAA released his ashes into Milton’s eye
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- Chicago man charged with assaulting two officers during protests of Netanyahu address to Congress
- Fall in Love With These Under $100 Designer Michael Kors Handbags With an Extra 20% off Luxury Styles
- Bachelor Nation's Joey Graziadei Shares How Fiancée Kelsey Anderson Keeps Him Grounded During DWTS
Recommendation
Small twin
49ers run over Seahawks on 'Thursday Night Football': Highlights
Avian enthusiasts try to counter the deadly risk of Chicago high-rises for migrating birds
49ers run over Seahawks on 'Thursday Night Football': Highlights
Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
Back-to-back hurricanes reshape 2024 campaign’s final stretch
Rihanna Has the Best Advice on How to Fully Embrace Your Sex Appeal
Does Apple's 'Submerged,' the first short film made for Vision Pro headset, sink or swim?