ANSI Escape Color Codes from text file not printing properly

Question

When trying to read text from a file where it contains ANSI escape color codes it just prints the color codes and does not show colors

This was both tested in Windows 10 and MSYS

Text File(title.txt):\033[0;32m Example \033[0m

Code:

def ShowText():
    ## Declare the path of the title
    titlePath = r'display\title.txt'

    ## Try to read the title from the given text
    try:
        ## Open the file in read mode
        f = io.open(titlePath, mode="r", encoding="ascii")
    
        ## Print the read text
        print(f.read())

    except (IOError, OSError) as e:
        print("Could not read text")

Text Output: \033[0;32m Example \033[0m

Print: [1]: https://i.stack.imgur.com/se4MS.png

I also tried importing and initializing colorama and use termcolor cprint but the results are equal