Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-26-Speech-2-206"
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"en.20041026.13.2-206"2
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".
The financial sanctions politically agreed by the Council will be implemented by a Council resolution, which is directly applicable in the Member States and is binding for economic operators. Off the cuff, I cannot give the honourable Member details of all the companies that are, or will be, covered by the proposals, but I can certainly ensure that we correspond with him on the particular company that he has in mind.
I do not want to hide a couple of points from Parliament. Firstly, in applying sanctions against named companies, you have to be careful that you are not obliging companies to break existing contractual arrangements or deny payments for goods they have received. It is always a trickier business to apply financial or economic sanctions than it sounds when one addresses the issue rhetorically. However, the point the honourable Member makes about the crucial importance of the energy sector in Burma is one we have to take account of.
The other thing that I would like to say very frankly to the honourable Member is that there are limits to the extent to which we can apply pressure and achieve the desired outcome. Like, I am sure, every Member in this Parliament, I would like to see Aung San Suu Kyi released from house arrest. I would like to see her and the NLD able to play a full part in the political life of Burma and Burma itself released from the trap of impoverishment and totalitarianism in which it at present finds itself.
It is also the case that Aung San Suu Kyi's husband taught at a university with which I am now intimately associated, so it is a case that I have followed with huge interest and concern.
My own judgement is that, a little like the case of Zimbabwe, it is more difficult to achieve the desired outcome if neighbouring countries and regional organisations do not cooperate in achieving a desired human rights objective. I hope that, in this case, ASEAN will act rather more vigorously in the future than it has in the recent past. The situation in Burma is horrendous, and we must do everything we can to achieve some improvement."@en1
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