EU updates sanctions measures against Syria, North Korea and Zimbabwe

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Explore:  Arms Embargo EU Sanctions

I. Introduction -

The EU has updated its sanctions measures against Syria, North Korea and Zimbabwe.

For Syria, the Council has renewed its sanctions for a further three months, while introducing certain amendments to the existing arms embargo in the interest of protecting civilians.

For North Korea, the EU has introduced several new sanctions measures – involving trade bans for ballistic missile components, precious metals and diamonds and public bonds, as well as restrictions relating to banknotes and banks – and the list of parties whose assets are frozen has been expanded. To recognise the significance of certain advances in Zimbabwe, the EU has decided to delist certain persons and entities whose assets are frozen, while at the same time extending the sanctions for another year.

Please see full alert below for more information.

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Topics:  Arms Embargo, EU, Sanctions

Published In: Finance & Banking Updates, International 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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