The Burmese military staged a coup on the 1st to overthrow the democratically elected government, arresting substantive leaders such as Ung San Suu Kyi, causing people across the country to take to the streets to protest against the military head’s actions, and U.S. President Joe Biden announced today that he will impose sanctions on the Burmese junta through an executive order, freezing its $1 billion in U.S. assets so that the junta leadership cannot access funds, and said more measures will follow.
According to foreign media reports, Biden today announced sanctions against the Burmese junta, freezing $1 billion ($28 billion) in U.S. assets, and said, “I again call on the Burmese junta to immediately release political leaders and protesters, and the junta must relinquish the power it has gained and respect the will of the people,” he said, noting that the new U.S. He noted that the new U.S. sanctions would ensure that Burma’s military leaders are unable to acquire assets while maintaining support for the Burmese people, including health care programs, civil society groups and other areas.
Biden said, “The Burmese people are speaking out for themselves, and the world is watching, and we are prepared to implement additional measures while also working with international partners to urge other countries to join us. “
State Department spokesman Ned Price also said that Washington intends to offer collective action with partners on the Burmese junta. However, former U.S. Ambassador to Burma Derek Mitchell mentioned that despite strong Western condemnation of the junta, Burma is hardly isolated as it was in the past, and that if it is to be effective, countries such as Japan, India and Singapore The response from Japan, India, Singapore and others is extremely important if it is to be effective.
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