Monday, May 13th 2024

EU sanction on Myanmar extended for another year



The European Union (EU) has extended its sanction on Myanmar for another year. Due to the lack of improvement in Myanmar's situation, the EU decided to take the action which will be applicable till 30 April 2025.

 

"The decision was taken on the basis of the annual review of the restrictive measures and in view of the continuing grave situation in Myanmar, including actions undermining democracy, as well as serious human rights violations," stated an EU statement.

 

The EU's current restrictive measures include freezing the assets and prohibiting the provision of funds or financial resources to a total of 103 individuals and 21 entities, which include Myanmar military rulers. Additionally, the travel bans to the EU also apply to the concerned persons.

 

Other restrictive measures remain in place include the embargo on arms and equipment and export restrictions on equipment for monitoring communications which might be used for internal repression, the export ban on dual-use goods  by the military and border guard personnel, and the prohibition of military training & cooperation with the Myanmar Armed Forces (Tatmadaw).

 

The EU renews its condemnation in the strongest possible terms of the military coup and its aftermath, and remains deeply concerned by the continuing escalation of violence and the evolution towards a protracted conflict in the country.

 

The EU imposed the measure against the officials involved in the military coup that took place on 1 February 2021 in the southeast Asian country. It also reaffirms unwavering commitment to the people of Myanmar in their quest for a free, peaceful and democratic future.

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