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EU expands sanctions against Syria - prohibits supply of more products which could be used for internal repression and bans sale, supply, transfer or export of luxury goods to Syria

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On 23 April 2012, the Council of the European Union (EU) agreed to impose additional restrictive measures against Syria in Council Decision 2012/206/CFSP. This new set of sanctions amends Decision 2011/782/CFSP and follows numerous other sanctions.

The new restrictions, applicable as of 23 April 2012, apply to supply transactions by nationals of EU Member States (anywhere in the world) or by anyone from the territory of an EU Member State, or using the flag vessels or aircraft of a Member State, whether or not the goods originate in their territories. As always, non-EU businesses or non-EU nationals are affected if there is an EU nexus.

Please see full alert below for more information.


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Published In: Administrative Law Updates, Commercial Law & Contracts Updates, Election & Politics Law Updates, Finance & Banking Updates, International Law & Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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