Samer Foz, a prominent Syrian businessman, was among the 11 Syrians sanctioned by the European Union on Monday for supporting the regime of Syrian President Bashar al-Assad.
The EU had also sanctioned 5 entities and companies involved with the Assad regime. It imposes travel bans and asset freezes on the sanctioned individuals. This also prohibits European companies from working with those sanctioned.
Since the beginning of the war in Syria in 2011, 270 individuals and 72 entities had been sanctioned by the EU thus far.
According to the European Council, “EU sanctions also include an oil embargo, restrictions on certain investments, a freeze of the assets of the Syrian central bank held in the EU, and export restrictions on equipment and technology.”
Supporting Assad’s regime
Those sanctioned are linked to the regime by offering financial and non-financial support to the Assad regime and its institutions.
The sanctions reinforce the EU’s stance against Assad’s regime in Syria.
Foz has acted as an intermediary for the Syrian government in the past, by mediating deals and providing financial aid to the regime and its militias.
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