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Myanmar: US calls on Singapore to use its ‘leverage’ to cut funding to Myanmar junta
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NAYPYITAW, 23 October 2021, (TON): A top US government official urged Singapore to help restrict the Myanmar military’s access to foreign funds during a three-day trip to Southeast Asia this week.
State Department Counselor Derek Chollet made the request during a meeting with the city-state’s central bank during his visit, which he made with the aim of promoting a “return to democracy” in Myanmar.
Singapore is one of Myanmar’s largest foreign investors and its banks have been accused by activists of holding assets on the junta’s behalf.
Chollet’s delegation stopped in Thailand, Singapore and Indonesia—all members of the Association of Southeast Asian Nations (ASEAN), which recently opted to exclude Myanmar coup leader Min Aung Hlaing from its annual summit at the end of October.
The move by the regional bloc was “completely justified and warranted given the circumstances,” Chollet said in a teleconference with journalists.
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