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EU imposes fresh sanctions on Myanmar individuals, companies

Published : 20 Apr 2021, 00:37

DF News Desk

Photo taken on Feb. 1, 2021 shows a resting place for federal parliamentarians blocked by the military in Nay Pyi Taw, Myanmar. File Photo Xinhua.

The European Union (EU) on Monday imposed sanctions on 10 individuals and two companies in Myanmar, reported Xinhua.

The individuals "are all responsible for undermining democracy and the rule of law" in Myanmar, and for "repressive decisions and serious human rights violations," the Council of the EU said in a press release following a virtual meeting of EU foreign ministers.

In the press release, it said the two entities, Myanmar Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation Limited (MEC), were large conglomerates "owned and controlled by the Myanmar Armed Forces (Tatmadaw), and provide revenue for it."

Pre-existing EU restrictive measures also remain in place, said the press release.

EU citizens and companies are forbidden from making funds available to the listed individuals and entities.

A one-year state of emergency was declared in Myanmar after President U Win Myint and State Counsellor Aung San Suu Kyi, along with other officials from the National League for Democracy (NLD), were detained by the military on Feb. 1.