Singapore has financial leverage to pressure Myanmar: US official – Times of India

NEW YORK: Singapore has the power to use its vital financial leverage to pressure Myanmar‘s navy rulers and “make it “tougher for them to transact”, a senior US official mentioned on Thursday.
State division counselor Derek Chollet mentioned throughout a teleconference in Indonesia {that a} choice final week by Southeast Asian nations to exclude Myanmar’s junta from an upcoming summit was an example of how international pressure can work.
He also said the international community must be realistic about the limited tools it has to bring change in Myanmar.

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