Australia Sanctions Entities Aiding Myanmar Military
Australia this week announced a new set of sanctions against Myanmar, designating several entities with ties to the country’s military regime. The sanctions target Myanma Foreign Trade Bank and Myanma Investment and Commercial Bank, two banks that “enable the regime's…
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activities,” and Asia Sun Group, Asia Sun Trading Co. Ltd., and Cargo Link Petroleum Logistics Co. Ltd., which supply jet fuel to the military. Australia said it will “continue to use every lever at our disposal to press the regime for the cessation of violence, the release of those unjustly detained, unimpeded humanitarian access, and a return to the path of democracy.”