UK now Announces New Sanctions for Myanmar

The United Kingdom has announced new Myanmar sanctions on Thursday against Myanmar businessman U Tay Za and his business empire Htoo Group.

Foreign Secretary Dominic Raab said that the sanctions target a key business associate of the military junta and his network of companies for providing financial support and arms to the military.

In 2017, Htoo reportedly contributed funds to Rohingya clearance operations. 

Following the February coup, the United Kingdom imposed sanctions on individuals and entities in Myanmar.

“The military junta has shown no signs of halting its brutal attack on the people of Myanmar,” Raab said.

“Along with our partners, the UK will continue to restrict the junta’s access to finance and the supply of arms used to kill innocents, including children, and target those who support the junta’s actions,” he added.

The sanctions, which take effect immediately, will freeze all UK assets held by Htoo Group and U Tay Za and bar the business magnate from entering the country. Others will be barred from providing funds or economic resources to both those targeted.

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