President Bush has imposed new sanctions on the Burmese military junta after it crushed a recent series of pro-democracy protests. The sanctions target 12 Burmese businesses and individuals.

President Bush: “This executive order grants the Treasury Department expanded authority to designate for sanctions individuals responsible for human rights abuses, as well as public corruption, and those who provide material and financial backing to these individuals or to the government of Burma.”

The new sanctions do not affect the oil company Chevron or other U.S. corporations that continue to do business inside Burma.