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EU Extends Syria sanctions for another year

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Here’s the press release:

Syria: EU economic sanctions extended until 1 June 2015

The Council has agreed to renew the restrictive measures against the Syrian regime, on the basis of a review of the original decision taken on 31 May 2013.

The measures will apply until 1 June 2015 and include a number of export and import
bans, e.g. an oil embargo, as well as restrictions on investments, financial activity and the
transport sector.

Two persons and one entity have been removed from the original list of persons and
entities subject to the restrictive measures. Thus leaving 179 persons associated with the
violent repression in Syria targeted with an asset freeze and a travel ban. 53 entities linked
to the repressive policies, including the Central Bank of Syria, will continue to have their
assets frozen within the EU.

The decision was adopted by written procedure on 28 May 2014 and the legal act will be
published in the EU Official Journal and come into force on 29 May 2014.

When Mr. Watchlist figures out where the changes are to the sanctions list, as alluded to in the press release, he will post them.

Link:

EU Press Release

 


Filed under: EU Updates, Sanctions News, Syrian Sanctions

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