Biden imposes sanctions on Myanmar military leaders who directed coup – CNBC

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When asked by a reporter why Biden’s announcement did not include an international response to the coup, Price suggested that such a reaction is imminent.

“As you hear more from our partners, it’ll be very clear that what we are collectively rolling out, will impose steep and profound costs on those responsible for this coup,” Price said.

The Nobel laureate Suu Kyi’s National League for Democracy (NLD) had won Myanmar’s election in a landslide last November.

But the generals behind the coup have claimed that the election was fraudulent.

Myanmar citizens, wearing red clothes to match the NLD color, took to the streets to protest the coup.

In response, the military banned rallies and gatherings of more than five people, along with motorized processions, and imposed a 8 p.m. to 4 a.m. curfew for Yangon and Mandalay, the country’s first- and second-biggest cities.

The military also banned citizens’ use of the social media platforms Facebook, Twitter and Instagram “until further notice.”

The U.S. formally eased prior sanctions against Myanmar in 2012 to allow American dollars to enter the country, while withholding certain investments in Myanmar’s armed forces and its Ministry of Defense

At the same time, the U.S. retained the ability to bolster sanctions on individuals and entities that undermined the political reform process or whom engaged in human rights abuses.

Pentagon spokesman John Kirby last week said, “We certainly have viewed with great alarm what has happened in Burma, but I don’t see a U.S. military role right now.

Source Article from https://www.cnbc.com/2021/02/10/biden-announces-sanctions-on-myanmar-military-for-coup.html

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