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    HomeNewsHeadlinesU.S. targets 2 people, 3 entities in new Myanmar-related sanctions -Treasury website

    U.S. targets 2 people, 3 entities in new Myanmar-related sanctions -Treasury website

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    The United States has implemented additional sanctions targeting two individuals and three entities related to Myanmar, as reported on the U.S. Treasury Department’s website on Wednesday.

    Additionally, the United States has expanded its sanctions measures concerning Myanmar to include the authority to target companies or individuals involved in the jet fuel sector of Myanmar’s economy, as stated on the Treasury Department’s website.

    These actions reflect an ongoing effort by the United States to exert pressure on Myanmar and respond to the political and human rights situation in the country.

    The United States continues to adopt a stance of economic pressure and diplomatic actions to address the concerns relating to Myanmar.

    The implementation of these sanctions and expanded authorities aim to further restrict the operations and activities of certain individuals, entities, and sectors linked to Myanmar.

    By targeting the jet fuel sector specifically, the United States intends to limit the financial resources available for Myanmar’s military junta.

    This move comes amidst continuing unrest and human rights abuses in Myanmar since a military coup took place earlier this year.

    It is part of a broader international response to the deteriorating situation in Myanmar and efforts to hold individuals and entities accountable for their actions.

    These sanctions and expanded authorities align with the United States’ commitment to promoting democracy, human rights, and the rule of law globally.

    As the situation in Myanmar unfolds, the United States plans to closely monitor developments and update its strategies and measures accordingly.

    (Reporting by Daphne Psaledakis in Washington and Ismail Shakil in Ottawa; editing by Susan Heavey)

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    Credit: The Star : News Feed

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