On 27 February 2020, the European Council made its first designations under the designated party regime that it introduced in November 2019 in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean (see our previous update here). Two Turkish individuals have been designated with immediate effect: Mehmet Ferruh AKALIN, Vice-President (Assistant General Manager) and member of the Board of Directors of the Turkish Petroleum Corporation (TPAO); andAli Coscun NAMOGLU, Deputy Director of the Exploration…

On 14 October, the United States and European Union each adopted sanctions measures targeting Turkey, in response to Turkey’s military offensive in northern Syria.  Subject to certain exceptions discussed further below, the US measures under a new Syria-related Executive Order (“New Syria EO“) took effect immediately and authorize sanctions targeting parties engaging in certain Syria-related activities, the Government of Turkey and Turkish Government officials, and certain sectors of the Turkish economy.

The EU measures are expected to come into effect shortly.