US, UK sanction Myanmar military companies as crackdown continues

By AFP
26 March 2021
US, UK sanction Myanmar military companies as crackdown continues
A resident (L) flashes the defiant three-finger salute as demonstrators march during a protest against the military coup, in Mandalay, Myanmar, 25 March 2021. Photo: EPA

The US and Britain announced sanctions against a huge military-owned conglomerate in Myanmar Thursday, as security forces continued to launch brutal crackdowns against anti-coup protesters.

International condemnation has so far done little to quell the brutal crackdown, but the United States and Britain said Thursday it would impose sanctions against the highly secretive behemoth Myanmar Economic Holdings Ltd, which gives army chiefs access to enormous wealth.

"Today's sanctions target the military's financial interests to help drain the sources of finance for their campaigns of repression against civilians," UK Foreign Secretary Dominic Raab said.

Washington announced it was also imposing sanctions on Myanmar Economic Corporation Limited (MEC).

The Myanmar military "controls significant segments of the country's economy through these holding firms," said a US Treasury Department statement.

The opaque groups have their tentacles in industries as diverse as beer, tobacco, transportation, textiles, tourism and banking.

Protesters have continued calling for the military to step down, defying night-time curfews to stage candlelight vigils for the dead, and taking to the streets early in dawn marches to avoid security forces.

A sunrise mobile rally on motorbikes in northern Kachin state saw the arrest of several demonstrators, which drew defiant protesters to the police station to demand their release.

But it turned deadly once the military arrived and shot into the crowd, leaving at least one dead, a resident said.

In the city of Hpa-An in southeastern Karen state, protesters were preparing sandbags early Thursday when scores of soldiers and police swooped in and tried to clear the streets using stun grenades.

"After that, they shot with rubber bullets as well as real bullets, about 50 shots," a protester told AFP by phone.

Early-bird protesters were also out in parts of Myanmar's commercial hub Yangon, wearing traditional ethnic outfits and waving the country's flag.

Some carried signs that said "Get out, terrorist dictator", according to local media.

By night-fall, local monitoring group Assistance Association for Political Prisoners -- which verifies deaths and arrests -- reported that security forces in eastern Shan state also deployed "live ammunition" in residential areas, killing four civilians.

International pressure from the UN, US and Britain has been building on the junta, but has so far gone unheeded.

Britain and the US have already announced sanctions on the regime in recent weeks.

Regional powers Indonesia and Singapore on Thursday urged the junta to halt its use of lethal arms, as their foreign ministers met to discuss Myanmar.

Singapore's Vivian Balakrishnan said both nations were "distressed by the loss of human lives" but said the solution would have to come from within.

"Both Indonesia and Singapore... believe there should be no foreign interference but ASEAN (the 10-country bloc) stands ready to help in any way," he said.

There are fears that Saturday -- Myanmar's Armed Forces Day, usually marked with a parade in Naypyidaw -- could be a flashpoint.

State-run media reported Thursday that police had arrested 14 Yangon youths caught fleeing the city for territories in Myanmar's east, which are controlled by ethnic armed groups.

So far, hundreds have fled to Karen state, where the Karen National Union has sheltered hundreds of anti-coup activists escaping the junta.

In neighbouring Kayah state -- where the Karenni National Progressive Party (KNPP) holds control over part of the region -- scores have also arrived since the February 1 putsch to seek shelter, said its vice chair Khu Oo Reh.

"We stand by the people," he told AFP, adding that the power takeover has shone a light on the struggle of ethnic groups long agitating for autonomy in Myanmar.

© AFP