Risk Alert issued by the Steamship Mutual P&I Club
The Steamship Mutual P&I Club issues Risk Alert regarding Syria – Expansion of Sanctions by EU and US as follows:
There is a general consensus amongst many governments around the world that further economic and political pressure needs to be brought to bear on Syria’s leaders in order to bring about political change and a peaceful
end to the civil unrest in that country.
At United Nations level, enhanced sanctions remain under debate. In the meantime, the EU and US have adopted their own measures against Syria.
EU Sanctions
With effect from 3 September 2011, and pursuant to EU Regulation 878/2011 the scope of EU trade sanctions against Syria has been greatly extended.
For more information, click here.
Source : The Steamship Mutual P&I Club
