The US President on Wednesday night sanctioned new orders against the Military regime in Myanmar as the Military has announced 1-year Military rule in Myanmar after staging a coup. 2 weeks earlier the Myanmar Military arrested the Senior Political leader Aung San Suu Kyi along with many other Politicians.
According to the sanctioned orders, Myanmar’s Generals will not be able to access USD 1 billion in assets in the United States. Also, more measures will be sanctioned if the Military doesn’t end its reign.
While addressing a press conference Joe Biden said “the new sanctions will allow my administration to freeze U.S. assets that benefit Myanmar’s military leaders while maintaining support for health care programs, civil society groups, and other areas that benefit the country’s people”. “The administration planned to identify specific targets of the sanctions later this week. We’ll be ready to impose additional measures and we’ll continue to work with our international partners to urge other nations to join us in these efforts, Biden added.
People of Myanmar are Protesting as they demand that power be restored to Suu Kyi’s government. They’re also seeking freedom for her and other governing party members detained by the military.