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January 21, 2019: EU adds to Syria sanctions (UK on the 22nd)

Syria: EU adds eleven businessmen and five entities to sanctions list

The Council added eleven prominent businessmen and five entities to the list of those subject to restrictive measures against the Syrian regime and its supporters. These businessmen and companies are involved in luxury estate development and other regime-backed projects, and as such support and/or benefit from the Syrian regime.

The sanctions list now includes 270 persons and 72 entities targeted by a travel ban and an asset freeze. EU sanctions currently in place against Syria also include an oil embargo, restrictions on certain investments, a freeze of the assets of the Syrian central bank held in the EU, and export restrictions on equipment and technology that might be used for internal repression as well as on equipment and technology for the monitoring or interception of internet or telephone communications. The sanctions on Syria were originally imposed in 2011. They are reviewed on an annual basis, the next review being due by 1st June.

The EU remains committed to finding a lasting and credible political solution to the conflict in Syriaas defined in the UN Security Council resolution 2254 and in the 2012 Geneva Communiqué. As stated in the EU strategy on Syria adopted in April 2017, as reaffirmed in the Council conclusions of 16 April 2018, the EU believes that there can be no military solution to the conflict and strongly supports the work of the UN Special Envoy and the intra-Syrian talks in Geneva.

The legal acts, including the names of the persons and entities concerned, will be available in the EU Official Journal of 21 January 2019.

and OFSI issued a notice, but has not updated their list yet:

16 additions to the Syria regime

The Syria regime has been amended to add 16 entries who are now subject to an asset freeze. The European Union (EU) has imposed financial sanctions against those on the basis that they support and/or benefit from the Syrian regime by being involved in luxury estate development and other regime-backed projects.

Please note that due to late publication from the EU, OFSI’s consolidated list will not reflect these additions until Tuesday 22nd January 2019.


EU Notice

Categories: EU Updates Sanctions Lists Syrian Sanctions


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