President Joe Biden on Wednesday announced that the United States will sanction Myanmar’s military leaders after last week’s coup in the country.In brief remarks, the President said he had approved a new executive order allowing the United States to “immediately sanction the military leaders who directed the coup, their business interests as well as close family members.
” He said they would identify targets of those sanctions this week.”The US government is 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 noted.
“We’re also going to impose strong export controls,” he added. “We’re freezing US assets that benefit the Burmese government while maintaining our support for health care, civil society groups and other areas that benefit the people of Burma directly,” he said, using another name for Myanmar.
Myanmar’s military overturned a democratic election. Now they’re warning protesters not to ‘destroy democracy’Biden called on the military junta to release detained protesters and civilian leaders, including 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, stressing that the issue remains of bipartisan and international concern.