, overthrowing the democratically elected government led by Aung San Suu Kyi and killing thousands of opponents in a crackdown.Major General Zaw Min Tun told the state media channel MWD on Tuesday evening that the country has experienced sanctions before, and they will not face losses if there are new sanctions on Myanmar state-owned banks.“These kinds of things will cause unnecessary delays while we walk towards the multi-party democratic system.
One of the Thai media reports, by Bangkok Business News, cited Thai sources as saying the sanctions would impact Thailand and other countries in the region financially because of connections with local banks. The US embassy said it had regular conversations with the Thai government on Myanmar, including how to “mitigate the potential impact of any sanctions on Thailand or other countries”.
Thailand’s outgoing military-backed government earlier this week hosted controversial talks aimed at re-engaging with Myanmar’s military, saying dialogue was necessary to protect its border with the strife-torn country, even as top diplomats of key South-east Asian neighbours continued to shun the junta.to the Myanmar crisis, centred on a peace plan agreed with the junta two years ago.
But Thai Prime Minister Prayut Chan-o-cha, who had himself seized power in a coup in 2014, said direct talks were necessary to protect Thailand. REUTERS
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