Newsnow Desk: US President Joe Biden on Wednesday(10 February) ordered new sanctions against the military regime in Myanmar.
Taking action after the military this month staged a coup in the Southeast Asian country and arrested de facto leader Aung San Suu Kyi and other senior politicians.
Mr Biden said he was issuing an executive order that will prevent Myanmar’s generals from accessing $1 billion in assets in the United States. Mr Biden added that more consequences are in order.
Mr. Biden said the new sanctions will allow his 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 military must relinquish power it seized and demonstrate respect for the will of the people of Burma,” Mr. Biden said.