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Burma could face investment sanctio
- Subject: Burma could face investment sanctio
- From: moe@xxxxxxxxxxxxx
- Date: Thu, 17 Apr 1997 19:43:00
Subject: Burma could face investment sanctions: Albright
Burma could face investment sanctions: Albright
(hold for release expected around 2345 GMT)
ANNAPOLIS, Maryland, April 15 (AFP) - US Secretary of State Madeleine
Albright on Tuesday put the Burmese leadership "on notice,"
saying the regime
could face US investment sanctions.
Taking note of Rangoon's tightening limits on political
expression and its jailing
of demonstrators, Albright said, "Burmese leaders are on notice
that, unless the
clouds of repression are lifted, they will face investment
sanctions under US
A US law adopted late last year bans US investment in Burma if
military rulers, known as the State Law and Order Restoration Council
(SLORC), arrests, harms or exiles Burmese opposition leader Aung
Kyi or suppresses her followers on a large scale. The SLORC has
"Our policy is to oppose repression and support a dialogue
government and the democratic opposition," Albright said in a
speech at the US
Naval Academy here.
"US officials, myself included, have stressed to Burma's military
presented by a democratic opening," she added, characterizing
by the regime as having a "corrosive effect on the Burmese
standing at home and abroad."
On Monday, Aung San Suu Kyi said hundreds of supporters and
her National League for Democracy (NLD) were in prison, where
inadequate medical treatment and are denied basic rights.
After years of near dormancy, the NLD began stepping up
Aung San Suu Kyi's release from six years of house arrest in
1995, but has
found itself under increasing pressure from the ruling junta.