WASHINGTON (Reuters) - Washington should impose sanctions on a Myanmar bank being used to circumvent existing U.S. restrictions, advocates said, urging the outgoing Biden administration to cut off a key source of foreign currency for the country's military junta.
Dozens of Myanmar civil society groups wrote to the departments of State and the Treasury on Monday calling for the U.S. to block the state-owned Myanma Economic Bank from using the dollar-based financial system and encourage other governments to do the same, according to a letter shared with Reuters.
