US, UK sanction Myanmar military-linked entities over campaign of ‘repression against civilians’ ...News

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The US and UK have sanctioned entities linked to Myanmar’s military, amid two months of protests and chaos in the country following a military coup that ousted the civilian government. The sanctions package was announced by the US Treasury Department on Thursday. The restrictions targeted two Burmese holding companies – Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation Limited (MEC). The companies, which are owned by Myanmar’s military, “dominate certain sectors of the economy, including trading, natural resources, alcohol, cigarettes, and consumer goods,” the Treasury said, insisting that the sanctions a

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