EU sanctions: specific provisions concerning Syria and Libya

June 14, 2021
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The European Commission has adopted three opinions on the application of specific provisions in the Council Regulations on EU restrictive measures (sanctions) concerning Libya and Syria. They concern changes to two specific features of frozen funds: their character (sanctions concerning Libya) and their location (sanctions concerning Syria).

Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, said: “EU sanctions must be implemented fully and uniformly throughout the Union. The Commission stands ready to assist national competent authorities and EU operators in tackling the challenges in applying these sanctions.” 

EU sanctions are a foreign policy tool, which, among others, help to achieve key EU objectives such as preserving peace, strengthening international security, and consolidating and supporting democracy, international law and human rights. Sanctions are targeted at those whose actions endanger these values, and they seek to reduce as much as possible any adverse consequences for the civilian population. 

For more information:

Press release

Countries covered:

  • Libya
  • Syria *
Human Rights