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Home»Business News»EU Prolongs Sanctions on Myanmar for Another Year
Business News

EU Prolongs Sanctions on Myanmar for Another Year

April 27, 20262 Mins Read
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EU Extends Sanctions Against Myanmar Amid Ongoing Military Rule

BRUSSELS: On Monday, the European Union decided to extend its sanctions on Myanmar until at least May 2027, aiming to keep pressure on the military leadership that took over in a coup over five years ago.

These sanctions include asset freezes, travel bans, and an arms embargo targeting 105 individuals and 22 organizations. They were first put in place following the military coup in February 2021, which led to a harsh crackdown on dissent.

The EU Council expressed strong condemnation of the Myanmar military’s actions since the coup, highlighting severe human rights abuses and widespread restrictions on basic freedoms. They called for an immediate end to violence and the release of those who have been unjustly detained.

Earlier this month, Min Aung Hlaing, the leader behind the coup, was declared president of Myanmar, a move criticized by Western nations as a tactic to continue military control.

According to the United Nations, the coup has forced at least 3.6 million people to flee their homes. The Assistance Association for Political Prisoners reports nearly 8,000 deaths and around 31,000 arrests, with more than 22,000 individuals still imprisoned.

The EU confirmed it will continue to withhold direct financial support to Myanmar’s administration and will refrain from any aid that might be seen as endorsing military rule.

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