Myanmar sanctions

The U.N. human rights office claims that the country has become a leading source of banking services to Myanmar’s military junta.

The need for stronger international action against the country’s military junta has never been greater.

The measures included the U.S. Treasury Department's first sanctions against the Myanma Oil and Gas Enterprise, the military's largest single source of foreign revenue.

The move comes in response to a marked uptick in junta air strikes on resistance forces and civilian populations.

The current Western approach may be pushing tycoons and senior officials into the military's arms. Better to entice them in the other direction.

The latest round of sanctions aims to cut off the Myanmar military's access to aviation fuel, following a series of deadly airstrikes on civilian populations.

Western sanctions should be welcomed but the country's opposition must do more.

Since the late 1980s, the military has developed a "multi-faceted arms industrial complex" that has cushioned it from the impact of Western sanctions and arms embargoes.

As the military junta’s atrocities increase, it is high time for the U.S. and like-minded partners to adopt much stronger targeted sanctions.

The Financial Action Task Force said the move was a result of the country's persistent failures to combat money laundering and terrorist financing.

Aung Moe Myint and his Dynasty International company are accused of procuring Russian-made arms from Belarus for the military.

Nikkei Asia is reporting that the Financial Action Task Force is likely to add the military-ruled nation to its "call for action" list at a meeting next month.