VOL. XXXIX

No. 48

26-August-1996

SYRIA

Syrian Oil Deals Exempted From New US Anti- Terrorism Sanctions

Regulations issued by the US Department of Treasury on 21 August governing the implementation of the 1996 anti- terrorism legislation have been narrowly interpreted so that they will not interfere with normal commercial trans- actions undertaken by Syria and Sudan, including present Syrian oil contracts. The Anti-Terrorism and Effective Death Penalty Act of 1996 was passed by the US...