Middle East Economic Survey
VOL. LIV
No 43
24-Oct-2011
syria
EU Sanctions Commercial Bank Of Syria
The Council of the European Union (EU) on 13 October adopted a new regulation which adds the state-owned Commercial Bank of Syria (CBS) to its list of entities sanctioned in protest against repression and human rights violations. The new Regulation 1011/2011, which amends Regulation 442/2011, imposes an asset freeze on the CBS together with three individuals who are said to financially support...
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