The European Council added eleven prominent businessmen and five entities to the list of those subject to restrictive measures against the Syrian regime and its supporters. These businessmen and companies are involved in luxury estate development and other regime-backed projects, and as such support and/or benefit from the Syrian regime.
The sanctions list now includes 270 persons and 72 entities targeted by a travel ban and an asset freeze. EU sanctions currently in place against Syria 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 that might be used for internal repression as well as on equipment and technology for the monitoring or interception of internet or telephone communications.
The EU remains committed to finding a lasting and credible political solution to the conflict in Syria as defined in the UN Security Council resolution 2254 and in the 2012 Geneva Communiqué.
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Council decision of the 21 January, Official Journal of the EU
Syria: EU extends sanctions against the regime by one year, 28 May 2018