EU increases the new sanctions on Syria

EU increases the new sanctions on Syria

The repercussions of the decision to ban the import of oil at the beginning of this month the EU decided to tighten sanctions to weaken the sectors of financial resources for the system. The aim of the new procedures, have been banned in the European investment activities of exploration and production and refining of oil and stop the cooperation between European institutions and Syrian counterparts in this sector.

Thus, the Union decided to target one of the vital arteries of the economy in Syria. But the current contracts remain in place. The Union also expanded the scope of sanctions to target sectors that support the system in spite of not being a security or military institutions. Today’s decision is aimed at several institutions

It also included penalties institution Syria Telecom, as long sanctions and Minister of Justice to facilitate Kalla and Minister of Information Adnan Hassan Mahmoud, and three businessmen were Chairman of the Chamber of Commerce and Industry Imad Groati and founder Okhrs of raw materials and trade gear logistical Tarif Okhrs and Issam tube Foundation tube of the food industry.

It seems that the sanctions aimed at gradually vital sectors and reliable system to provide financial resources and also the industrial and economic institutions that contribute directly or indirectly in the support system.