Tag Archives: sanctions

Total exits Syria following tightened EU sanctions

By: Eric Watkins Total SA said it is suspending its operations in Syria in line with recently tightened sanctions by the European Union that indirectly target its local partner, Deir Ez Zor Petroleum Corp. (DEXPC). Deir Ez Zor is not … Continue reading

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Syria’s Assad denies orders to kill

WASHINGTON — Syrian President Bashar al-Assad denied ordering the killing of thousands of protesters and said “only a crazy person” would target his own people, in a rare US interview released Wednesday. Speaking to ABC News, Assad brushed off widening … Continue reading

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Ericsson defends the selling of mobile technology to Syria

By: MATS ÖHLÉN After the rumours that Sweden’s veto against tough EU sanctions against Syria had something to do with the fact that the Swedish company Ericsson sells mobile technology to Syria, Ericsson now defends its selling of mobile communication to the country. … Continue reading

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Syria agrees to monitors if sanctions end

Syria wants Arab League sanctions to be lifted as its price for allowing in observers to monitor the deadly violence that has gripped the country for nearly nine months, as international pressure grows. The Cairo-based League is studying Syrian conditions … Continue reading

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UAE’s Syria projects hang in the balance

By: Ola Salem It is unclear whether UAE-funded projects in Syria will halt if the Emirates goes ahead with Arab League-backed sanctions, the director general of Abu Dhabi Fund for Development (ADFD) has said. Although Syria said last night that … Continue reading

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Suncor assesses sanctions’ effects on Syrian projects

By: Rebecca Penty Suncor Energy Inc. is evaluating whether European Union sanctions imposed on Syria last week affect its Ebla gas project, even as French oil major Total SA said Monday it would halt production in the country. The $1.2-billion … Continue reading

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Video: Analyst on Syrian sanctions against Turkey

Syria is taking economic action against Turkey after Ankara froze the assets of Bashar al-Assad’s government and suspended all financial deals with the country last week. Damascus says it will end a free trade agreement which allows tax free Turkish imports into Syria and introduce … Continue reading

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Syria says a deal is close on Arab League monitors

REPORTING FROM BEIRUT — With the threat of more sanctions looming, Syria said Monday that it is ready to sign a deal soon with the Arab League allowing foreign observers into the country to monitor a plan aimed at ending … Continue reading

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Sanctions-hit Syria eyes Lebanon, Iraq corridors

By: Rita Daou BEIRUT — As Syria staggers under unprecedented Arab and global sanctions, Lebanon and Iraq are poised to provide economic corridors for their crisis-hit neighbour without explicitly breaching the restrictions, experts say. “Lebanon and Iraq could turn into … Continue reading

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Syria agrees to Arab League call for observers, but with conditions

Syria agreed Monday to Arab League demands that it allow observers into the country, but on the condition that the group immediately drop sanctions and agree to amendments that league officials have previously rejected. The league’s deadline for Syria to … Continue reading

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