SEOUL (HRNW) — A growing number of governments are curbing diplomatic ties with Myanmar and increasing economic pressure on its military over the coup last week that erased the fragile democratic progress in the long-oppressed Southeast Asian nation.
President Joe Biden said Wednesday he was issuing an executive order that will prevent Myanmar’s generals from accessing $1 billion in assets in the United States, and promised more measures.
The US was among many Western governments that lifted most sanctions in the past decade to encourage democratic transition as Myanmar’s military rulers were taking gradual steps toward civilian rule — changes that proved temporary with the ousting of the elected government and detentions of Nobel Prize laureate Aung San Suu Kyi and others.
One of the strongest reactions came from New Zealand, which has suspended all military and high-level political contact with the country and pledged to block any aid that could go to its military government or benefit its leaders. It also placed a travel ban on Myanmar’s new military rulers.