In press remarks following the Foreign Affairs Council’s session of 12 July 2021, High Representative Josep Borrell announced the EU will be launching a new sanctions regime against Lebanon by the end of the month. A decision will be adopted by the Foreign Affairs Council “without delay”. The regime will target “those who are responsible” for “political stalemate” in Lebanon. Whilst the regime’s structure will be in place by the end of July, it is…
On 21 June 2021, the UK and EU both announced further sanctions targeting individuals and entities linked to Myanmar’s military regime. The EU announced that it was imposing sanctions against an additional 8 individuals, 3 economic entities (Myanmar Gems Enterprise; Myanmar Timber Enterprise (“MTE”); and Forest Products Joint Venture Corporation Limited) and the War Veterans Organisation. All designated persons are subject to asset freezes, with individuals subject to travel bans. EU persons are prohibited from…
On 21 June 2021, the EU and UK announced coordinated sanctions against specified Belarusian individuals and entities. This follows the forced landing of a commercial aircraft in Belarus and subsequent detention of a Belarusian journalist, and suggests that the UK is continuing to align its sanctions regime with key allies following Brexit. The sanctions were further coordinated with the US and Canada. The designated parties will be subject to asset freezes, whilst individuals will be…
The European Commission has removed sanctions placed on six Iraqi state entities under Council Regulation (EC) No 1210/2003, effective from 23 April 2021. The entities include the Iraqi State Export Organisation as well as the Iraqi State Import Organisation. This mirrors the UN Security Council’s decision to remove the entities from its sanctions list on 15 April 2021.