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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Britain on Thursday announced sanctions against the Myanmar Economic Corporation (MEC) for its role "in serious human rights violations", a week after Washington cracked down on the military-linked conglomerate. MEC and another military-linked conglomerate called Myanmar Economic Holdings Ltd (MEHL) dominate many sectors of the resource-rich Southeast Asian country's economy, including trading, alcohol, cigarettes and consumer goods. After seizing power in February from a civilian government, Myanmar's military has regained control of state companies. "Two months on from the start of the February coup, the Myanmar military has sunk to a new low with the wanton killing of innocent people, including children," Foreign Secretary Dominic Raab said in a statement. "The UK's latest actions target one of the military's key funding streams and impose a further cost on them for their violations of human rights," he added. Along with the US, Britain last week announced an assets freeze and travel ban affecting MEHL. Washington also took action against MEC. Britain followed suit on Thursday, saying the sanctions against MEC will be "enforced immediately for its involvement in serious human rights violations by making funds available to the military, as well as its association with senior military figures". The designation was in response "to credible evidence that it has contributed funds to support the Myanmar military", the Foreign Office said. Through the two highly secretive conglomerates, at least 133 companies in the country are wholly or partially overseen by generals, according to the campaign group Justice For Myanmar. Much of the lucrative -- and largely unregulated -- trade in jade and rubies is controlled by military-owned businesses. MEHL has partnerships with companies in China, Japan, South Korea and Singapore, among others. Between 1990 and 2011, some $18 billion was paid out to current or retired military officials who hold stakes in MEHL, according to an Amnesty International report in September. jwp/jit/ach
schema:headline	UK imposes more sanctions on Myanmar military-linked interests
schema:mentions	Foreign and Commonwealth Office Ruby Secretary of State for Foreign and Commonwealth Affairs Dominic Raab Amnesty International Impose (magazine) Asia Human rights Alcoholic drink South Korea Singapore Myanmar United Kingdom China Myanmar Economic Corporation Conglomerate (geology) Chaebol Economy of Japan
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	86 (xsd:integer)

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