Ohmar says Burmese opposition groups advocate targeted sanctions and an arms embargo as the best ways to bring about change in Burma. She says the international community, including ASEAN countries, need to impose sanctions on all sectors that hurt the ruling generals directly - such as the lucrative gem and teak trade and international banking transactions."The targeted sanctions will definitely work," she said. "We have seen it already work with the banking sanctions, transaction sanctions from the U.S. recently imposed, with the generals' assets in Singapore. It has already been hit."Urged by the United States, Singaporean banks are reported to have been distancing themselves from Burmese officials in recent weeks. Singapore, the Burmese generals' favorite destination for shopping and medical treatment, is believed to have been the offshore banking center for the country's leaders.Ohmar says she has heard reports that Burma's generals are now trying to move their banking to Hong Kong. She is currently in the city to investigate those reports.
As in the days of Noah...