To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will take steps to prevent UK companies doing business with military-owned and controlled companies in Myanmar in response to the coup in that country.
16 March 2021
The Foreign Secretary and the International Trade Secretary have written to British Companies active in Myanmar to make clear our expectation that they do nothing to support the military. We are clear that the military must pay the price for their actions, that is why we are exploring all options to put pressure on their economic interests, this includes sanctions.
We remain committed to the principle of 'do no harm' with sanctions, and therefore wish to ensure that any measures balance the risk of disproportionately affecting poor people in Myanmar and imposing a cost on the military. In addition, as set out in the written ministerial statement of 25 February, we are reviewing our approach to Trade and Investment in Myanmar, and while that review takes place have suspended all trade promotion activity.