The European Union (EU) has extended its sanction onMyanmar for another year. Due to the lack of improvement in Myanmar'ssituation, the EU decided to take the action which will be applicable till 30April 2025.
"The decision was taken on the basis of theannual review of the restrictive measures and in view of the continuing gravesituation in Myanmar, including actions undermining democracy, as well asserious human rights violations," stated an EU statement.
The EU's current restrictive measures include freezingthe assets and prohibiting the provision of funds or financial resources to atotal of 103 individuals and 21 entities, which include Myanmar militaryrulers. Additionally, the travel bans to the EU also apply to the concernedpersons.
Otherrestrictive measures remain in place include the embargo on arms andequipment and export restrictions on equipment formonitoring communications which might be used for internal repression,the export ban on dual-use goods by the military and borderguard personnel, and the prohibition of military training &cooperation with the Myanmar Armed Forces (Tatmadaw).
TheEU renews its condemnation in the strongest possible terms of the military coupand its aftermath, and remains deeply concerned by the continuing escalation ofviolence and the evolution towards a protracted conflict in the country.
The EU imposed the measure against the officialsinvolved in the military coup that took place on 1 February 2021 in thesoutheast Asian country. It also reaffirms unwavering commitment to the people of Myanmar in their questfor a free, peaceful and democratic future.