EU implements new sanctions against Syria targeting the supply of internal repression products and luxury goods

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On 15 June 2012, the Council of the European Union (EU) adopted Regulation 509/20121 which implements the additional restrictions against Syria imposed by the Council on 23 April 2012 and amends Regulation 36/20122 to this effect. In this new Regulation, the Council specifies which products are covered by the new ban on the supply of equipment, goods and technology that might be used for internal repression, and the new ban on the supply of luxury goods.

Regulation 509/2012 entered into force on 17 June 2012 and applies, as before, to the EU territory (including its airspace), to nationals of EU Member States (including those located outside the EU), and on board any vessel or aircraft under Member State jurisdiction. The Regulation also applies to companies incorporated or doing business in whole or in part in a Member State. This means that non-EU companies could be covered, depending on the particular circumstances under which they perform business activities in the EU and how they are connected to any activities restricted by the Regulation.

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Published In: Administrative Agency Updates, General Business Updates, Elections & Politics Updates, International Trade Updates, Science, Computers & Technology 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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