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UK announces new sanctions against Myanmar

UK announces new sanctions against Myanmar

The UK announced new Myanmar sanctions, saying it was targeting a key business associate of the military government for providing arms and financial support following a coup.
The United Kingdom has announced new Myanmar sanctions, saying it was targeting a key business associate of the military government for providing arms and financial support following a coup earlier this year.

The UK’s foreign ministry said it would impose an asset freeze on conglomerate Htoo Group of Companies and its founder Tay Za, adding that the tycoon was involved in arms deals on behalf of the military.

It also said Htoo contributed funds to Rohingya clearance operations in 2017.

The UK has previously imposed sanctions on individuals and entities in Myanmar following the February coup.

“The military junta has shown no signs of halting its brutal attack on the people of Myanmar,” UK Foreign Secretary Dominic Raab said in a statement.

“Along with our partners, the UK will continue to restrict the junta’s access to finance and the supply of arms used to kill innocents, including children, and target those who support the junta’s actions.”

The sanctions will freeze all British assets held by Htoo Group and Tay Za and forbids the tycoon from entering the country.
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