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Burma


During a Commons debate on Burma, Brooks Newmark makes the case that it is crucial the international banking system puts the financial squeeze on a regime that relies on dollars and euros to trade in oil, gas and gems.

Mr. Brooks Newmark (Braintree) (Con): My hon. Friend keeps focusing on the positive things that one can do with negotiation and providing extra aid, but does he agree that it is absolutely crucial that we use the international banking system to continue to put the financial squeeze on a regime that relies on dollars and euros to trade in oil, gas and gems?

Mr. Mitchell: My hon. Friend is right and I will come to that point. It is clear that international pressure has had some beneficial effect. In particular, China has been immensely helpful, engaged both in New York and in Burma, specifically in respect of Professor Gambari's visit. China is clearly deeply dismayed by the instability across its border in a country with 2.5 million Chinese nationals. Like others, I have been to see the Chinese ambassador to Britain, and the tactic of the Government and others of encouraging the Chinese to use their immense influence appears to be paying some dividends. We should welcome that.

 

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