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Foes of Myanmar's military regime applaud new US sanctions, but want action to block gas revenues
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FILE - Myanmar military officers leave the venue during a parade to commemorate Myanmar's 78th Armed Forces Day in Naypyitaw, Myanmar, on March 27, 2023. Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation. But they want to see further measures to pressure its ruling generals to restore peace and democracy. - photo by AP Photo/Aung Shine Oo, File
BANGKOK (AP) — Opponents of Myanmar’s military government applauded fresh financial sanctions imposed by the United States on the Southeast Asian nation but called Thursday for further measures to pressure its ruling generals to restore peace and democracy. The U.S. Treasury Department announced Wednesday it was imposing the sanctions on Myanmar’s Defense Ministry and two state-owned banks, the Myanma Foreign Trade Bank and the Myanma Investment and Commercial Bank. The move freezes any assets of the sanctioned entities that are in the United States or controlled by a U.S. person.