(Kyodo)—The Treasury Department said Monday it is slapping more economic sanctions against businesses and individuals liked to Myanmar's military junta as part of efforts to mount pressure on the Southeast Asian nation on human rights abuses. | Hasn't had any effect since 1962, but what the hey? Can't think of anything else to do, unless we feel like invading. |
It also takes action against some businesses connected to Tay Za, portrayed by the United States as a Myanmar business tycoon and arms dealer with close ties to Myanmar's junta. It is the second action taken against Tay Za's business network this month.
"Unless the ruling junta in Burma halts the violent oppression of its people, we will continue to target those like Steven Law who sustain it and who profit corruptly because of that support," Stuart Levey, the Treasury's undersecretary for terrorism and financial intelligence, said in a statement.