US House of Representatives adopts sanctions against Myanmar
The US House of Representatives has passed a bill putting a sanction on the import of Myanmar's gemstones and natural gas to the country in an effort to tighten the noose on military Junta after its lethal crackdown on pro-democracy protests.
By PTI |
WASHINGTON: The US House of Representatives has passed a bill putting a sanction on the import of Myanmar's gemstones and natural gas to the country in an effort to tighten the noose on military Junta after its lethal crackdown on pro-democracy protests.
The unanimously-approved Block Burmese JADE (Junta's Anti-Democratic Efforts) Act, authored by the chairperson of the House Committee on Foreign Affairs Tom Lantos, also freeze the assets of Myanmar's political and military leaders in US financial institutions and prevent them or their immediate families from using US finance businesses via third countries.
"I am deeply grateful that my colleagues on both sides of the aisle stood together today, shoulder-to-shoulder with the Burmese people as they struggle for freedom," Lantos said in a statement.
"The vile reaction of the Burmese junta to peaceful calls for democracy showed the world the moral bankruptcy of this regime," he added.
The Bill, which was approved by the Foreign Affairs Committee in October, also prohibits Myanmar official involved in the violent suppression of protesters from receiving visas to the United States.
It has been pointed out that the legislation will take hundreds of millions out of the pockets of the regime each year. The measure is supported by the 11,000-store Jewellers of America, and major retailers such as Tiffany's and Bulgari have voluntarily implemented a ban on Burmese gems.
The unanimously-approved Block Burmese JADE (Junta's Anti-Democratic Efforts) Act, authored by the chairperson of the House Committee on Foreign Affairs Tom Lantos, also freeze the assets of Myanmar's political and military leaders in US financial institutions and prevent them or their immediate families from using US finance businesses via third countries.
"I am deeply grateful that my colleagues on both sides of the aisle stood together today, shoulder-to-shoulder with the Burmese people as they struggle for freedom," Lantos said in a statement.
"The vile reaction of the Burmese junta to peaceful calls for democracy showed the world the moral bankruptcy of this regime," he added.
The Bill, which was approved by the Foreign Affairs Committee in October, also prohibits Myanmar official involved in the violent suppression of protesters from receiving visas to the United States.
It has been pointed out that the legislation will take hundreds of millions out of the pockets of the regime each year. The measure is supported by the 11,000-store Jewellers of America, and major retailers such as Tiffany's and Bulgari have voluntarily implemented a ban on Burmese gems.
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