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The EU has introduced sanctions against Myanmar, but a piece of "good news" has

Date:2021-02-24

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EU high representative for foreign and security policy Pauli said on February 22 that EU countries have reached a political agreement to impose sanctions on Myanmar's military. At the same time, EU assistance to Myanmar government reform projects will be terminated.


It is reported that EU foreign ministers agreed on February 21 to impose sanctions on Myanmar's military, but said they would not restrict trade ties with Myanmar.

As for the EU's decision, some business owners in Myanmar said that the EU has not imposed comprehensive sanctions on Myanmar, which is good news for the economies of countries on the verge of collapse. If the international countries launch comprehensive sanctions against Myanmar, it will lead to a series of unimaginable consequences, such as the withdrawal of foreign capital, the interruption of trade, the shutdown of factories, the closure of companies, and the unemployment of the people. This is not conducive to the development of the country, but also will seriously affect the lives of the people.

In response, Borelli said that the European Union will not restrict trade relations with Myanmar, because it may affect the general public and make a large number of workers unemployed, but it will not affect the interests of the Burmese army.

Prior to this, the United States, Britain, Canada and New Zealand have announced the implementation of sanctions against senior defense forces and some military related enterprises, including general min Aung Lai.

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