The US sanctions the Burmese Ministry of Defense and two state financial entities for the importation of weapons

June 21 (EUROPA PRESS) –

The United States Department of the Treasury announced Wednesday new sanctions against the Burmese Ministry of Defense and two state financial institutions for importing military weapons to “continue their violence” against the Burmese people.

“The Burma regime has taken advantage of state access to international markets to import weapons and materiel, including from sanctioned Russian entities, to continue its violence and oppression,” said Brian Nelson, Under Secretary of the Treasury for Terrorism and Financial Intelligence. it’s a statement.

For his part, the Secretary of State of the United States, Antony Blinken, has assured in another statement that Washington “will not waver in its support for the people of Burma, who seek peace, justice and a truly democratic future for their country.”

Specifically, the sanctions affect the Ministry of Defense of Burma, which has imported goods and military equipment worth 1,000 million dollars (910 million euros), which has provided income to Moscow and has facilitated “continuous brutality” against the population in the Asian country.

The ‘blacklist’ has also included the Foreign Trade Bank of Burma (MFTB) and the Investment and Commercial Bank of Burma (MICB), state-owned financial institutions that function as foreign currency exchange houses.

According to Washington, these conversions allow state-owned companies such as the Burmese Oil and Gas Corporation to generate revenue, access international markets through offshore accounts, and transact with foreign entities.

While the two financial institutions generate revenue through foreign markets, “they also allow Burma’s Defense Ministry and other sanctioned military entities to purchase weapons and other materials,” the Treasury Department has reported.