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US President Joe Biden signs order for sanctions on leaders of military coup in Myanmar

President Joe Biden has signed an executive order imposing sanctions on the leaders of the military coup in Myanmar.

In brief remarks, the US President said he has approved a new executive order allowing the United States to immediately sanction the military leaders who directed the coup, their business interests as well as close family members. He said they would identify targets of those sanctions this week.

President Biden said Washington would identify the first round of targets this week and is taking steps to prevent the generals in Myanmar, which is also known as Burma, having access to one billion dollar in funds held in US. He added, US is also going to impose strong export controls.

President Biden called on the military junta to release detained protesters and civilian leaders, including Aung San Suu Kyi and Win Myint and cease their crackdowns on demonstrators.

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