Newly appointed Burma Prime Minister Lieutenant General Thein Sein (front R) and Lieutenant General Thiha Thura Tin Aung Myint Oo (front L) October 18, 2007. ( Khin Maung Win/AFP/Getty Images)U.S. Imposes New Sanctions Linked to Burma Rulers
Feb 05, 2008
Reuters
WASHINGTON—The Bush administration Tuesday imposed more financial sanctions against a business tycoon linked to Burma's military rulers, targeting companies used to purchase helicopters and other military equipment. (Burma was renamed "Myanmar" by the military junta.)
The action designates three firms controlled by Tay Za and his Htoo Trading conglomerate, including a subsidiary based in Singapore, as supporters of human rights violations in Burma, the U.S. Treasury Department said.
The action is the third package of U.S. sanctions aimed at putting pressure on Burma's leaders since a massive government crackdown on protesters late last year.
"The president has made clear that we will continue to take action against the military junta and those who who prop it up so long as human rights violations continue and democracy is suppressed," said Adam Szubin, director of the Treasury's sanctions arm, the Office of Foreign Assets Control.
The action prohibits Americans from doing business with the companies and with seven newly designated individuals, and seeks to freeze any assets they may have under U.S. jurisdiction.
Tay Za and five of his other companies, including tourist airline Air Bagan, were blacklisted by the Treasury in October.
The firms designated Tuesday included Myanmar Avia Export Co. Ltd., which the Treasury said was used to purchase helicopters and aircraft on behalf of Burma's military. It also designated Ayer Shwe Wah Co. Ltd, a firm for which the son of a senior Myanmar general serves as a director, and Pavo Aircraft Leasing Pte. Ltd., a Singapore-based company that directs Htoo business ventures in the city-state.
Singapore state broadcaster Channel New Asia in November quoted Singapore Prime Minister Lee Hsien Loong as speaking out against sanctions against Burma, saying nobody supported them in southeast Asia.
Myanmar's impoverished neighbors, Laos and Cambodia, also have condemned the sanctions.
White House spokeswoman Dana Perino said previous rounds of sanctions have had an effect on Burma.
"We do know that sanctions can have an impact. They help curtail economic activity and further isolate the junta, which is part of getting them to recognize that they need to open up and allow their democratically elected leader, Aung San Suu Kyi, to be able to meet with the leaders as they said the would allow her to do," Perino said.
"They say they are going to do things that they don't follow up on," she said.
Burma's junta in September crushed the biggest pro-democracy protests in nearly 20 years, killing at least 15 people.
The action designates three firms controlled by Tay Za and his Htoo Trading conglomerate, including a subsidiary based in Singapore, as supporters of human rights violations in Burma, the U.S. Treasury Department said.
The action is the third package of U.S. sanctions aimed at putting pressure on Burma's leaders since a massive government crackdown on protesters late last year.
"The president has made clear that we will continue to take action against the military junta and those who who prop it up so long as human rights violations continue and democracy is suppressed," said Adam Szubin, director of the Treasury's sanctions arm, the Office of Foreign Assets Control.
The action prohibits Americans from doing business with the companies and with seven newly designated individuals, and seeks to freeze any assets they may have under U.S. jurisdiction.
Tay Za and five of his other companies, including tourist airline Air Bagan, were blacklisted by the Treasury in October.
The firms designated Tuesday included Myanmar Avia Export Co. Ltd., which the Treasury said was used to purchase helicopters and aircraft on behalf of Burma's military. It also designated Ayer Shwe Wah Co. Ltd, a firm for which the son of a senior Myanmar general serves as a director, and Pavo Aircraft Leasing Pte. Ltd., a Singapore-based company that directs Htoo business ventures in the city-state.
Singapore state broadcaster Channel New Asia in November quoted Singapore Prime Minister Lee Hsien Loong as speaking out against sanctions against Burma, saying nobody supported them in southeast Asia.
Myanmar's impoverished neighbors, Laos and Cambodia, also have condemned the sanctions.
White House spokeswoman Dana Perino said previous rounds of sanctions have had an effect on Burma.
"We do know that sanctions can have an impact. They help curtail economic activity and further isolate the junta, which is part of getting them to recognize that they need to open up and allow their democratically elected leader, Aung San Suu Kyi, to be able to meet with the leaders as they said the would allow her to do," Perino said.
"They say they are going to do things that they don't follow up on," she said.
Burma's junta in September crushed the biggest pro-democracy protests in nearly 20 years, killing at least 15 people.
10 comments:
Listen, you arrogant, pomous prick!
I dare you to challenge the U.S.,if you dare.
LOL, what the hell Cambodian and Laotion barking for? Why the Vietnamese don't bark? And they use Cambodia and Laos to bark for them. These two countries are YOUN's pawn.
Well Cambodian and Lao Leader are Vietnamess dogs.
I agree to all comments. I think Cambodian Leaders is a sevent of VN and China.
Cambodia and US is not bloodly enermy but we fight US.
Keep as independent position is a great for us.
Independent!
Because the Yuon are smart! They have a lot of investments in their country, and if they barked, it will unequivocally affect their country's economy.
It is time that the US Govt. shows its power to those dictator.
Does the U.S. have the audacity and nerves to impose anything on these countries?
I think the U.S. should decouple its foreign policy from its ideology to avert any potential colossal calamity in the not-to-distant future with other countries.
H.S.
Hun Sen open the door for CIA & FBI to work in Cambodia is good and only time can tell what will happen.
Don't worry, John McCane will take care the YOUN for his revenge. He really hate Hanoi Hilton.
Don't worry, John McCane will take care the YOUN for his revenge. He really hate Hanoi Hilton.
7:51 PM
God help America if John McCain will be the next President.
Don't you see that America now under the G W Bush administration is in the bad shape now than decade ago.
I think the next president shall learn from former President "Ronald Regan" legacy, at least he could persuade his Russian counterpart to get rid of Berlin Wall and ended the Cold War.
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