Contact: White House, Office of the Press Secretary, 202-456-2580

WASHINGTON, Feb. 25 /Standard Newswire/ -- The following text is a statement by President Bush:

The situation in Burma remains deplorable.  The regime has rejected calls from its own people and the international community to begin a genuine dialogue with the opposition and ethnic minority groups.  Arrests and secret trials of peaceful political activists continue, such as the recent arrest of journalists Thet Zin and Sein Win Maung.  Severe human rights abuses by the Burmese Army, including burning down homes and killing civilians, continue in ethnic minority areas in eastern Burma.

The United States continues to seek a peaceful transition to a democratic government that will promote stability and prosperity in Burma and in the region.  We support continued engagement by the UN Security Council and United Nation Secretary General Ban’s good offices mission, as well as sustained regional engagement. 

As one element of our policy to promote a genuine democratic transition, the U.S. maintains targeted sanctions that focus on the assets of regime members and their cronies who grow rich while Burma’s people suffer under their misrule.  Therefore, today, the Department of the Treasury has applied financial sanctions against Steven Law, a regime crony also suspected of drug trafficking activities, and his financial network, including his wife, father, and fourteen companies, pursuant to Executive Order 13448.

Additionally, the Department of the Treasury has applied sanctions to two resorts owned and operated by known regime crony and arms merchant Tay Za, himself designated for sanctions in October 2007.  Today’s actions add to the 33 individuals and 11 entities previously designated.  Furthermore, as a result of the enhanced visa restrictions that I announced in September 2007, 898 Burmese officials and their family members are now subject to visa restrictions.

Concerted international pressure is needed to achieve a genuine transition to democracy in Burma.  We encourage Burma’s neighbors and other stakeholders in Southeast Asia to impress upon the regime the need to release all political prisoners, including Aung San Suu Kyi; to end military offensives and human rights abuses against ethnic minorities; and to begin a genuine transition to democracy in response to the demonstrated aspirations of all the peoples of Burma.