Saturday, 27 September 2008

Switzerland extends sanctions

GENEVA (DailyTimes): Switzerland’s government said Friday it has decided to extend its sanctions against Myanmar to include a ban on wood imports, bringing its measures in line with the European Union.

“The new coercive measures include the banning of imports of wood and wooden products, coal, certain metals and gemstones from Myanmar,” the Federal Council said.

Financial sanctions will also be tightened and the number of Myanmar businesses subjected to sanctions has risen to 83 from 39.

The European Union strengthened its own sanctions against Myanmar in May, including an embargo on the import of timber, gems and metals from Myanmar.

The 27-nation bloc also extended the list of Myanmar leaders and their relatives subject to a travel ban and assets freeze. afp

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