Sanctions Don't Deter Burmese Junta

BANGKOK - Despite some buffeting by the global economic downturn, revenues from gas, oil, hardwood and gemstones continue to flow into Myanmar's coffers, helping junta leader Senior General Than Shwe to maintain Southeast Asia's largest standing army. An estimated 50% of the state's revenues go towards maintaining the country's 400,000-strong military.

While Western countries impose economic sanctions against the junta, including new measures imposed last week by the European Union against members of Myanmar's judiciary and 58 other enterprises, Asian states are fiercely competing for oil and gas concessions. That promises even greater wealth for the ruling military junta, even as its international reputation plummets in the wake of last week's sentencing of pro-democracy leader Aung