The sanctions are set to limit the regime's access to funds it can use to commit atrocities against civilians, Foreign Minister Penny Wong says.
Myanma Foreign Trade Bank and Myanma Investment and Commercial Bank have been hit with targeted financial sanctions for enabling the regime's activities.
Three companies that supply jet fuel to the military - Asia Sun Group, Asia Sun Trading and Cargo Link Petroleum Logistics - have also been targeted.
Today, on the third anniversary of the military coup in Myanmar, Australia has imposed additional targeted sanctions on five entities linked to the regime.— Senator Penny Wong (@SenatorWong) These measures are designed to limit the regime's ability to continue to commit atrocities against its own people.January 31, 2024
"These sanctions are a response to the regime's ongoing repression of the people of Myanmar, escalating violence, and the continuing deterioration of the political, humanitarian and security situation," Senator Wong said in a statement.
"They send a clear message of Australia's deep concern for the regime's ongoing actions and its continued disregard for international efforts.
"Australia will continue to closely monitor the regime's actions and look for improvements on the ground."
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