Australian economist Prof Sean Turnell is calling on the Federal Government to sanction Myanmar's state-owned banks which are used by the ruling junta to fund procurement of weapons. In a speech to Union Aid Abroad-APHEDA on Tuesday night Prof Turnell says Australia should join the United States sanctioning the Myanmar Foreign Trade Bank (MFTB) and the Myanmar Investment and Commercial Bank (MICB). "Myanmar's state-owned banks are the principal vehicles through which its ruling junta funds the war they are waging against the Myanmar people," Prof Turnell says.

https://www.miragenews.com/prof-turnell-urges-sanctions-on-myanmar-state-1082079/

#miragenews