Mizzima-May 1, 2024
The European Union (EU) announced on 26 April 2024 that sanctions on organisations and people associated with the Myanmar junta would be extended for another year. Sanctions that currently apply to a total of 103 individuals and 21 entities including Senior Gen. Min Aung Hlaing and Acting Vice-President Myint Swe have been prolonged for a further year until 30 April 2025. The decision was based on an annual review of sanctions which decided to keep all restrictions in place due to the continuing grave situation in Myanmar, including actions that undermine democracy, as well as serious human rights violations. Those under sanctions are subject to asset freezes and providing them with funds or economic resources, directly or indirectly, is prohibited. They are also banned from travelling to any EU countries.
Other EU restrictions still in place include embargoes on arms and equipment, including anything that has a dual use for both civilian and military applications, and export restrictions on equipment for monitoring communications which might be used for internal repression. Any training of and cooperation with the Myanmar Armed Forces is also banned. The EU is also withholding all EU financial assistance that goes directly to the Myanmar junta or that may be seen to be legitimizing the junta.
In its statement the EU renewed its condemnation of the of the military coup and its aftermath in Myanmar and said that it remains deeply concerned by the continuing escalation of violence and the protracted nature of the conflict in Myanmar. Amongst the organizations included on the EU sanctions list renewal are: The military-owned Myanmar Economic Holdings Ltd. (MEHL), Myanmar Gems Enterprise, Myanmar Timber Enterprise, and the Veterans Organization, along with private companies such as Htoo Group, IGE Company, Asia Sun Group, Dynasty International Group, Royal Shune Lei and Sky Aviation Star Sapphire. Myanmar Oil and Gas Enterprise (MOGE), No. 1 and 2 Mining Corporation, the Office of Adjutant General, Directorate of Defense Industries, Directorate of Military Procurement also had sanctions against them renewed. Read more at: https://eng.mizzima.com/2024/05/01/9480